Emissions cheating uproar
PARIS: European carmakers were yesterday drawn into widening investigations into diesel emissions cheating, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV.
Volkswagen’s admission that some of its diesel vehicles were fitted with devices which hid their true level of emissions has sparked a global regulatory push to combat excessive pollution.
Shares in Renault fell 4 percent to their lowest level in around a month after a source at the Paris prosecutor’s office said it had launched a judicial investigation into possible cheating on exhaust emissions at the French carmaker.
Renault was not immediately available for comment. Its shares later recovered some ground, but still underperformed a positive pan-European STOXX Europe Autos index.
The French clampdown follows allegations by the US Environmental Protection Agency (EPA) on Thursday that Fiat Chrysler, like Volkswagen, was using illegal software to hide excess diesel emissions.
The European Commission said it had been informed about the “worrying” EPA allegations and would look at what implications they might have for the European Union.
“We will now work with the EPA, national member state authorities and of course Fiat in order to establish potential implications for vehicles sold in the EU,” it said.
The European Commission has limited powers to force polluting cars off European roads, since vehicle licensing in the EU is still conducted on a national level.
Britain said it was urgently seeking information from the EPA over its allegation that Fiat Chrysler used hidden software to allow excess diesel emissions to go undetected.
“We are urgently seeking further information from the US Environmental Protection Agency… and will also be seeking information from the manufacturer regarding vehicles in the UK market,” a spokesman at the Department for Transport said.
Fiat Chrysler chief executive Sergio Marchionne angrily rejected the allegations, saying Fiat never attempted to cheat emissions rules.
Earlier this week, the European Commission called on Italy to co-operate with a German probe investigating allegations that the Fiat 500X, Fiat Doblo and Jeep Renegade models were equipped with illegal cheating software. Fiat rejects the allegations.