Share

FCA - USA towards agreement on dieselgate

The federal judge in San Francisco, who is overseeing the lawsuit against FCA over diesel engine emissions, has declared plans to appoint an expert to reach a settlement

Fiat Chrysler Automobiles shares run in Piazza Affari in the wake of news from the United States. At 15.45 FCA shares gained 1,63% to 9,985 euros (+0,18% the Ftse Mib) continuing the upward trend recorded in the previous three sessions.

To push the acquisitions on the car company led by Sergio Marchionne are the latest news, this time positive, on dieselgate American. The federal judge in San Francisco, who is overseeing the lawsuit against FCA on diesel engine emissions, has declared his intention to appoint the expert Ken Feinberg in order to reach a settlement and settle the cases out of court, i.e. by tightening a agreement on possible compensation. 

Ken Feinberg is a well-known name in the US who has already acted as a consultant in cases relating to 11/XNUMX, to General Motors, Volkswagen and BP.

However, the day did not reserve only good news for FCA. The RDW, the Dutch road traffic authority, informed the court yesterday of alleged suspicions about the use of software capable of manipulating emissions by Jeep Grand Cherokee and Suzuki's Vitara SUV. In the report on the law that the two models have "nitrogen oxide emissions higher than justified". The novelty currently appears to have little impact on the market given the limited number of vehicles involved and the low risk of fines in Europe.

comments