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Fiat Chrysler Automobiles NV said Tuesday it is working to clarify issues related to diesel emissions technology stemming from a U. Justice Department complaint filed earlier Tuesday. The company is reviewing the complaint and it is "disappointed" that the department chose to file the lawsuit, Fiat Chrysler said in the statement. Fiat Chrysler last week announced it had developed updated emissions software calibrations that it believed addressed concerns from federal and California regulators, it said. Among the companies with shares expected to trade actively in Thursday’s session are Kroger Co., Fiat Chrysler Automobiles NV, Whole Foods Market Inc. West Virginia University researchers found Fiat Chrysler Automobiles NV vehicles with diesel engines produced significant emissions discrepancies between the road and the lab, resembling earlier conclusions they reached with Volkswagen AG cars that helped expose a long-running deception. That was crucial for automakers, because SUVs and trucks have much-higher Fiat Chrysler Automobiles NV engages in the design, engineering, manufacturing, distribution and sale of automobiles and light commercial vehicles, engines, transmission systems, automotive-related components, metallurgical products and production systems.
Environmental Protection Agency alerted Fiat Chrysler Automobiles NV in November 2015 that regulators suspected the Italian-U. auto maker of using illegal emissions software, more than a year before formally accusing the company of skirting U. Fiat Chrysler Automobiles NV said Thursday that it's recalling almost 300,000 minivans in North America after discovering a wiring problem that "may lead to inadvertent deployment of a driver-side front air bag." The issue affects certain 2011-2012 Dodge Grand Caravan minivans and has been linked to 13 minor injuries, the Italian-American car maker said in a statement. Shares were 0.8% lower in European trading, matching the Stoxx Europe 600's decline. as the market's top seller in May and laying groundwork for more job cuts at its American factories. reported a sales decline in May despite an extra selling day and Memorial Day clearance sales, as an abrupt decline in demand for high-margin pickup trucks added to concerns about the health of the auto industry. retired its self-driving prototype dubbed the “Firefly,” a tiny test car with no steering wheel or pedals, to focus on building its self-driving technology into mass-produced vehicles. Justice Department’s lawsuit accusing Fiat Chrysler Automobiles NV of using illegal software to cheat on emissions tests with diesel-powered vehicles is headed to a California court to join other widespread litigation against the auto maker, according to an order from a group of federal judges. All the major automakers are expected to report June sales figures on Demand for SUVs is slowing down — and that's sure to rattle General Motors (GM) and other automakers who have seen popular sport utility vehicle models offset weakness in cars and minivans. But SUV and pickup truck sales generally have held up as car sales plunged.
"The company intends to defend itself vigorously, particularly against any claims that the company engaged in any deliberate scheme to install defeat devices to cheat U. The company has formally filed for diesel emissions certification for its 2017 model year Jeep Grand Cherokee and Ram 1500 diesel vehicles, it said. Environmental Protection Agency alerted Fiat Chrysler Automobiles in November 2015 that regulators suspected the Italian-U. auto maker of using illegal emissions software, more than a year before formally accusing the company of skirting U. It operates through the following segments: North American Free Trade Agreement (NAFTA), Latin America (LATAM), Asia-Pacific (APAC), Europe, the Middle East, and Africa (EMEA), Maserati, and Components.
Subject to the permission from regulators, Fiat Chrysler plans to install the same modified emissions software in 2014-2016 Jeep Grand Cherokee and Ram 1500 diesel vehicles, the company said. Power’s annual Initial Quality Study, a closely watched indicator of which companies make the best cars and technology, found that buyers are increasingly dissatisfied with the semiautonomous features showing up on vehicles. The NAFTA segment engages in the designing, engineering, development, manufacturing, distributing and selling of automobiles under the Chrysler, Jeep, Dodge, Ram and Fiat brand names, vehicles with the SRT performance designation and from sales of the related parts and accessories in the United States, Canada and Mexico.
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"FCA US believes this will address the agencies' concerns regarding the emissions software calibrations in those vehicles," it said. Google parent Alphabet is hiring rental-car firm Avis Budget Group to store and service its self-driving cars in a deal that shows Alphabet’s vision of a network of driverless taxis is getting closer to reality. The LATAM segment sells passenger cars and light commercial vehicles and related spare parts under the brand names, Fiat and Fiat in South and Central America and it also provides financial services in Brazil and Argentina.