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Next in line for regulatory troubles, Fiat?

Tom Fox | January 16, 2017

Just as the United States announced it had secured a guilty plea from Volkswagen for its emission-testing fraud through the installation of a defeat device, federal regulators have now turned their attention to Fiat Chrysler. According to reports, the Environmental Protection Agency (EPA) has issued Fiat a “notice of violation” for installing and using software to allow certain vehicles to emit pollution beyond legal limits in the United States. Fiat has denied the charges with the CEO claiming the EPA is “grandstanding” by even announcing the charges. He went on to add “We have done nothing illegal.” For good measure he threw in that the EPA “think we all belong to a class of criminals.”

While it will be interesting to see how all this plays out, with a defiant CEO and a new presidential administration which appears to desire to rollback, if not eliminate the EPA...

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