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Fiat Chrysler Automobiles NV ... Shares Tumble On Vows Of Possible Emission Scandal
The Country Caller ^ | May 23, 2016 | Myrna Salomon

Posted on 05/23/2016 11:39:24 AM PDT by SunkenCiv

Shares of Fiat Chrysler are down more than 4% in pre-market trading today as investors react to a possible emission scandal relating to the company's vehicles in Germany... in over the counter markets in the US following a report from a German Newspaper that the company could be banned from vehicles in the country if it is found disregarding strict emission standards.

German paper Bild said in a story on Saturday that multiple tests from the German motor transport authority KBA have shown that several Fiat Chrysler's models had exhaust treatment systems that were switching off automatically after running for around 22 minutes. As a standard these systems are required to run for 20 minutes, Bild noted.

In a separate report the same day, the newspaper added that Fiat could be slapped upon an entire sales ban -- a blow that analysts believe could be a big one for the America-Italian automaker, already lagging behind some of the more profitable globally competitive peers. Germany is the company's second largest European market after its home-market Italy...

Without making any specific reference to the report from Gild, a Fiat spokesperson talking to the Automotive News said, "all its [Fiat's] vehicles are compliant with existing emissions rules."

The matter first came to German authorities attention when an environmental lobbying group blamed Fiat's 500 X diesel crossovers had NOx emissions well beyond the legal limits. Backing its innocence strongly, Fiat rejected to hold a meeting with the German Transport Minister Alexander Dobrindt to further discuss the issue.

(Excerpt) Read more at thecountrycaller.com ...


TOPICS: Business/Economy; Canada; Germany; US: Michigan; United Kingdom
KEYWORDS: alfaromeo; automakers; canada; chrysler; dodge; fcau; ferrari; fiat; fiat500x; fiatchrysler; germany; grazianodelrio; italy; jeep; lancia; maserati; michigan; netherlands; race; unitedkingdom
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To: bert
lastly, why do people place a rag in the drivers side window when leaving a vehicle beside the road?

It's a distress signal, isn't it? A signal that "no, I didn't just park here randomly, I am having car trouble."

Also a bit of "please don't tow me, I'm coming back."

21 posted on 05/23/2016 1:22:03 PM PDT by SoothingDave
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To: SunkenCiv

Why shut it off? Doesn’t sound like it would affect performance


22 posted on 05/23/2016 1:30:44 PM PDT by VeniVidiVici
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To: SunkenCiv

Emission standards are so unrealistic, I would not be surprised to learn that nearly all mfg are cheating on them. Might be the only way to sell a car.


23 posted on 05/23/2016 1:58:34 PM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there....)
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To: TexasGator

Maybe after the engine gets good and warmed up it can meet the standards without whatever they’re doing in the first 20 minutes.


24 posted on 05/23/2016 2:11:06 PM PDT by libertylover (The problem with Obama is not that his skin is too black, it's that his ideas are too RED.)
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To: VeniVidiVici
Not sure how emission reduction works on a diesel, but I'd stab at it -- there's a recirculator to recover unburned fuel, 20 minutes would be about right for the engine to reach operating temperature so the glow plug could handle it on its own.

25 posted on 05/23/2016 2:20:39 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: libertylover

“Maybe after the engine gets good and warmed up it can meet the standards without whatever they’re doing in the first 20 minutes.”

The fact that they didn’t is what started this investigation into FC.


26 posted on 05/23/2016 2:22:14 PM PDT by TexasGator
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To: TexasGator; Secret Agent Man; Charles Martel
Test runs twenty minutes so it is timed to run for the test only.
Ohhhhhhhhh, I get it now. I'm not nearly suspicious enough. It's timed to run 22 minutes, because they're aware that the test only lasts 20, so they're in compliance for the duration of the test, then the process, whatever it is, stops. Brilliant. Not as sophisticated as the VW approach, but had been working fine.


27 posted on 05/23/2016 2:33:24 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: ChildOfThe60s; blackdog; Buckeye McFrog; stephenjohnbanker
Image and video hosting by TinyPic

28 posted on 05/23/2016 2:33:50 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: SunkenCiv

So were they doj g this only to pass the govt tests, or was this to comply with general rule of operation on the road? I had the impression they were meeting govt rules on how emmissions systems were supposed to operate, in the real world.


29 posted on 05/23/2016 2:35:57 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: SoothingDave; Gay State Conservative
In the late 1980s I read how 40 percent of European car sales were diesel, but of course, they get good fuel economy.

30 posted on 05/23/2016 2:36:13 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: moovova

Too bad it wasnt the other way around.


31 posted on 05/23/2016 2:36:25 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Secret Agent Man
Apparently the 20 minute test is supposed to monitor something resulting from combustion, and the contraption that was supposed to control those emissions is supposed to operate all the time.

32 posted on 05/23/2016 2:43:22 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: SunkenCiv

So it was only to pass a test, like volkswagon.

Wel then let em hang.


33 posted on 05/23/2016 2:45:46 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Secret Agent Man

“So were they doj g this only to pass the govt tests, or was this to comply with general rule of operation on the road? I had the impression they were meeting govt rules on how emmissions systems were supposed to operate, in the real world.”

EU passed new rule for 2016+ vehicles to meet on-road conditions.


34 posted on 05/23/2016 2:48:03 PM PDT by TexasGator
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To: SunkenCiv

“...Fiat rejected to hold a meeting with the German Transport Minister Alexander Dobrindt to further discuss the issue.”

Translation: Fiat said that it had paid enough extortion and saw no need to bring another suitcase of money to Minister (bribes for $200) Alex.


35 posted on 05/23/2016 2:55:13 PM PDT by RetiredTexasVet (The answer: To frustrate FOIA requests and conceal the money laundering of bribes thru the CGCI!)
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To: RetiredTexasVet

Truth


36 posted on 05/23/2016 3:03:02 PM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there....)
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To: RetiredTexasVet

They’re going to fight tooth and nail, drag it out for a few years, and eventually pay a settlement, but not to the current pencil-neck.


37 posted on 05/23/2016 3:07:04 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: Secret Agent Man

Hey, who gave you a number and took away your name? ;’)


38 posted on 05/23/2016 3:08:05 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: SunkenCiv

On a little different note, did Chrysler (or Fiat) ever pay back all the loans the federal government gave them in the bailout? A lot of people were really upset at General Motors about the loans but seem to give Chrysler a pass. Perhaps there is a reason that I missed.


39 posted on 05/23/2016 3:45:16 PM PDT by CommerceComet (Hillary: A unique blend of incompetence and corruption.)
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To: TexasGator
The fact that they didn’t is what started this investigation into FC.

I didn't see this in the article. What I did see makes the whole thing very dubious:

The matter first came to German authorities attention when an environmental lobbying group blamed Fiat’s 500 X diesel crossovers had NOx emissions well beyond the legal limits.

40 posted on 05/23/2016 4:10:26 PM PDT by libertylover (The problem with Obama is not that his skin is too black, it's that his ideas are too RED.)
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