Fiat Chrysler Slumps Amid Fight With Germany Over Car Emissions
- Carmaker say all its vehicles comply with EU emission rules
- Stock drop makes FTSE MIB Index the day’s worst in Europe
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Fiat Chrysler Automobiles NV slumped to a three-month low as its fight with Germany over vehicle emissions escalated after the country’s most-read newspaper reported that the authorities found that the company cheated.
The Italian-American automaker said all its autos meet European rules after Bild am Sonntag newspaper reported that Germany’s Federal Motor Transport Authority determined the carmaker allegedly used illegal software to manipulate emissions controls.