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wsj : declared on EPA Notifies Fiat Chrysler of Clean Air Act Violations

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We will quote to you most important and trendy news about NBA of the best sport sites Like : “wsj” and the most famous Critics sports : Chester Dawson

daily : 2017-01-14 & on time : 11:58

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Fiat Chrysler Used Emissions-Cheating Software, EPA Says

Fiat Chrysler Used Emissions-Cheating Software, EPA Says

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U.S. regulators accused Fiat Chrysler Automobiles NV of using software on its diesel-powered Jeep Grand Cherokee SUVs and Ram pickups that allowed them to spew illegal amounts of pollution into the air, the latest broadside from the government over emission standards.The Environmental Protection Agency, with little more than a week before President Barack Obama leaves office, delivered a violation notice to Fiat Chrysler accusing it…

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Fiat Chrysler Shares Tank After EPA Cheating Accusations

Fiat Chrysler Shares Tank After EPA Cheating Accusations

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The U.S. Environmental Protection Agency on Thursday accused Fiat Chrysler Automobiles NV of illegally using hidden software that allowed significant excess diesel emissions, the result of a probe that stemmed from regulators’ investigation of rival Volkswagen AG.The EPA action affects 104,000 U.S. trucks and SUVs sold since 2014, about one-sixth the number of vehicles than in the Volkswagen case.The maximum fine is about $4.6 billion.

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EPA Notifies Fiat Chrysler of Clean Air Act Violations

EPA Notifies Fiat Chrysler of Clean Air Act Violations

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News Releases from HeadquartersEPA Notifies Fiat Chrysler of Clean Air Act ViolationsFCA allegedly installed and failed to disclose software that increases air pollution from vehiclesContact Information: Julia P. Valentine (News media only) (valentine.julia@epa.gov) (202) 564-2663WASHINGTON – The U.S. Environmental Protection Agency (EPA) today issued a notice of violation to Fiat Chrysler Automobiles N.V. and FCA US LLC (collectively FCA) for alleged violations of the Clean Air Act for installing and failing to disclose engine management software in light-duty model year 2014, 2015 and 2016 Jeep Grand Cherokees and Dodge Ram 1500 trucks with 3.0 liter diesel engines sold in the United States.The undisclosed software results in increased emissions of nitrogen oxides (NOx) from the vehicles.The allegations cover roughly 104,000 vehicles.

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Fiat Chrysler Shares Recover In Europe As EPA Fears Wane A Bit

Fiat Chrysler Shares Recover In Europe As EPA Fears Wane A Bit

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Fiat Chrysler Automobiles (FCA) stock price was hammered Thursday following news the government accused it of violating diesel engine pollution rules, but the shares recovered Friday as investors reckoned the potential financial hit was unlikely to be anything like as damaging as Volkswagen’s transgressions.Analysts said the main differences between FCA and VW offences, were that the German violations were pre-meditated from defeat devices.FCA’s transgressions, if proven, were probably accidental or technical.

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