It is worth keeping an eye on a developing story in the United States, where Fiat Chrysler Automobiles has been accused of not telling the authorities there about software which regulates emissions in some of its diesel vehicles. The US Environmental Protection Agency says that FCA has broken the law by using such technology in more its 2014-2016 Jeeps and its Dodge Ram products.
Fiat Chrysler boss Sergio Marchionne has dismissed the EPA allegations as being “absolute nonsense”, but the news has resulted in FCA’s share price falling dramatically in both New York and Milan.
Fiat Chrysler said that it would demonstrate that the emissions control systems were not designed to get around emissions tests.
The Department of Justice said VW had a long-running scheme to sell about 590,000 diesel vehicles in the US fitted with a defeat device to cheat on emissions tests.
Marchionne is head of Fiat and Ferrari, although the two are separate entities. there is believed to be a strategy for Fiat to use Ferrari technology to give Alfa Romeo an F1 presence, but this might be impossible if a scandal develops.