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Fiat Chrysler Faces U.S. Criminal Emissions Investigation

  • Justice Department probe comes alongside EPA software action
  • Automaker already under criminal probe for sales practices
Bloomberg business news

Fiat Rises as Investors Question Cheating Charges

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Fiat Chrysler Automobiles NV is under investigation by the U.S. Justice Department over its alleged failure to disclose software that violated emissions standards, according to people familiar with the matter, another legal hurdle for a company already under criminal scrutiny for its sales practices.

The possibility of a criminal action over diesel emissions violations comes after the Environmental Protection Agency said on Thursday it found software in 104,000 Jeep Grand Cherokees and Ram 1500s that allowed the automaker to exceed pollution limits on the road. The criminal investigation shows the U.S. is pressing ahead on cases of alleged efforts to rig emissions testing in the waning days of the Obama administration. It isn’t clear where the inquiry stands.