Fiat Chrysler seeks new trial after jury awards $150 million in damages in Jeep fire case

MarketsAssociated Press

Fiat Chrysler is asking a judge for a new trial after a jury awarded $150 million to the family of a Georgia boy killed in a crash and fire involving a Jeep.

The company says the damage award in the death of 4-year-old Remington Walden is excessive and illegal. It also contends the amount is far higher than the largest awards in Georgia history that have been upheld on appeal.

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Last month the jury ruled that Fiat Chrysler was 99 percent responsible for Walden's death and that it acted with reckless disregard for human life in selling a 1999 Jeep Grand Cherokee to his family. Walden burned to death when the Jeep was hit from behind in March of 2012 and its rear-mounted gas tank ruptured.