Following Fiat Chrysler Automobiles' swift move to count Tesla vehicles as part of its vehicle fleet in the European Union, FCA CEO Mike Manley believes the company will not face any fines this year or in 2020.
Automotive News Europe reported Wednesday on Manley's comments during a conference call about FCA's second-quarter financial results.
The Tesla deal saw FCA pay an incredibly large sum of money to stay compliant with the most recent EU emissions regulations.
Manley also said the automaker will avoid future fines as it introduces more electrified models and new internal-combustion engines that are more fuel-efficient.
Specifically, he was referring to mild-hybrid versions of the Fiat 500 and Jeep Renegade on the horizon, along with PHEV variants of the Renegade, Wrangler and Compass.
Combined, Manley said the company expects the electrified vehicles to make up 5% of the automaker's sales mix in Europe.
