We obviously have various levels of 'violations' in our society, from civil to criminal. If you believe this should be a 'criminal' violation, rules changes would possibly be required. http://arstechnica.com/cars/2017/01...-violated-clean-air-act-with-secret-software/
From the Form 6 filing: __________ FCA US Response to EPA Statement FCA US, the US subsidiary of FCA N.V. issued today the following press release. FCA US is disappointed that the EPA has chosen to issue a notice of violation with respect to the emissions control technology employed in the company’s 2014-16 model year light duty 3.0-liter diesel engines. FCA US intends to work with the incoming administration to present its case and resolve this matter fairly and equitably and to assure the EPA and FCA US customers that the company’s diesel-powered vehicles meet all applicable regulatory requirements. FCA US diesel engines are equipped with state-of-the-art emission control systems hardware, including selective catalytic reduction (SCR). Every auto manufacturer must employ various strategies to control tailpipe emissions in order to balance EPA’s regulatory requirements for low nitrogen oxide (NOx) emissions and requirements for engine durability and performance, safety and fuel efficiency. FCA US believes that its emission control systems meet the applicable requirements. FCA US has spent months providing voluminous information in response to requests from EPA and other governmental authorities and has sought to explain its emissions control technology to EPA representatives. FCA US has proposed a number of actions to address EPA’s concerns, including developing extensive software changes to our emissions control strategies that could be implemented in these vehicles immediately to further improve emissions performance. FCA US looks forward to the opportunity to meet with the EPA’s enforcement division and representatives of the new administration to demonstrate that FCA US’s emissions control strategies are properly justified and thus are not "defeat devices" under applicable regulations and to resolve this matter expeditiously.
FCAU is up over 70% since November 8th mainly due to the expectation of less stringent regulation under Trump. Interesting this was released today: __________________________ EPA locks in 2025 fuel efficiency rules David Shepardson 16 Mins Ago Reuters WASHINGTON, Jan 13 (Reuters) - U.S. Environmental Protection Agency chief Gina McCarthy on Friday finalized a determination that the landmark fuel efficiency rules instituted by President Barack Obama should be locked in through 2025, a bid to maintain a key part of his administration's climate legacy. Major U.S. and foreign automakers have appealed to President-elect Donald Trump, who has been critical of Obama's climate policies, to review the rules requiring them to nearly double fleet-wide fuel efficiency by 2025, saying they impose significant costs and are out of step with consumer preferences. As part of a 2012 regulation, EPA had to decide by April 2018 whether to modify the 2022-2025 model year vehicle emission rules requiring average fleet-wide efficiency of more than 50 miles per gallon. In November, the agency moved up the timetable for proposing that automakers can meet the 2025 standards. McCarthy said in a statement her determination, a legally binding decision to maintain the fuel efficiency rules, rests on an extensive technical record. "At every step in the process, the analysis has shown that the greenhouse gas emissions standards for cars and light trucks remain affordable and effective through 2025, and will save American drivers billions of dollars at the pump while protecting our health and the environment," she said. Gloria Bergquist, a spokeswoman for the Alliance of Automobile Manufacturers, a trade association representing General Motors Co, Ford Motor Co, Toyota Motor Corp, Volkswagen AG and others, criticized the decision. "Our fundamental priority remains striking the right balance to continue fuel economy gains and carbon reduction without compromising consumer affordability and vital auto-sector jobs," she said. Automakers hope to work with regulators and California, Bergquist said, "to see whether we can find a prudent compromise path forward that avoids an unnecessary and counterproductive regulatory collision." Legal experts have said it will be more difficult for the Trump administration and Congress to undo the determination than to unwind other regulatory actions issued by the Obama administration during its final months in office. The 2025 determination is not a new regulation, so the EPA, under Trump, would likely have to go through an extensive process before withdrawing the determination, and could face lawsuits from environmental groups if they took that step.
Really???? Look at Consumer Report Rating of Fiat. Also, In the 70s, FIAT stood for "Fix It Again Tony".
Unfortunately I don't have a subscription. I am watching the stock. I'll be a buyer below 9, if it gets there.