Fiat Chrysler Says SEC, U.S. States Join EPA Diesel-Car Probe
- EPA said in January Jeep, Ram models exceed emissions limits
- Carmaker discloses $12 million compensation for CEO last year
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Fiat Chrysler Automobiles NV said the U.S. Securities and Exchange Commission and states’ attorneys general are investigating its diesel models, as scrutiny escalates of vehicles that environmental regulators have said violate pollution laws.
Following U.S. Environmental Protection Agency allegations in January that Fiat Chrysler put software in Jeep and Ram diesel models allowing them to exceed pollution limits, the automaker received “various inquiries, subpoenas and requests for information,” according to a regulatory filing Tuesday. The demands have come from authorities including the U.S. Department of Justice, the SEC and several states, the Italian-American carmaker said.