Chery denied that backdoor called profiles is a win-win cooperation with conch

Posted on 5/25/2016 9:40:26 AM

If there is credible evidence that Fiat Chrysler violate German emission regulations, the right to sell its cars in Germany or will be deprived. According to the "German Illustrated" reported that the German Motor Transport Authority (KBA) in several tests found that some of the models of the Fiat exhaust gas treatment system will automatically shut down after running for about 22 minutes. And typically, emissions testing running time of about 20 minutes. The news came out, Fiat Chrysler shares immediately fell nearly 5%.
Reports indicate that if Fiat Chrysler in violation of the relevant German emission regulations, and continue to hold the indifference, the worst case, the German side will likely prohibit Fiat car sales in the country. Fiat models relevant for emissions testing in those problems, the German transport authorities claim Fiat cooperate with the investigation. Fiat aspect, however, took apathy, absence and German transport minister Alexander Duobulinde (Alexander Dobrindt) talks.
Fiat Chrysler spokesman reiterated that "Fiat's vehicles all in compliance with all existing emissions regulations." The spokesman for the German transport authorities declined to comment on the relevant test results. Italian Transport Minister Graziano (Graziano Delrio) behind Fiat and said, Fiat in Italy and Germany both have documented emissions compliance.
Affected by the event, Fiat Chrysler stock price fell more than 5%, the minimum fell to 5.94 euros per share. Although the subsequent decline has slowed down, to restore some of the losses, but ultimately Fiat stock was down nearly 3.5 percent, the price per share of about 6.085 euros.
According to statistics, Germany is the Fiat Chrysler's second-largest market in Europe, the importance of the German market is self-evident. January to April this year, Fiat Chrysler car sales in Germany totaled 24,500, an increase of 2.9% compared to the same period last year. Fiat Chrysler brand in the German market share of 2.2%.
According to EU regulations, Yinfeiyate major regional business is concentrated in Italy, it is responsible for testing the relevant part of Italy's Fiat models compliance legitimacy. According to EU guidelines to prevent Germany Fiat sells its products in the country does not have reasonable. It was confirmed that the German Ministry of Transport has submitted a number of relevant test data to the Fiat models the Italian authorities and the European Commission. German Transport Ministry has been asked to evaluate the test data again, and take appropriate action.
Earlier this year, Fiat has challenged the German environmental groups, the group claimed that Fiat 500X 2.0 Sheng nitrogen oxide emissions from diesel engines is much higher than the upper limit of emission regulations.
Prior to this, environmentalists also claimed that sales of the Opel Zafira diesel models excess nitrogen oxide emissions. Different with Fiat, Opel and German government officials last week's talks, the relevant departments to actively cooperate with the investigation in Germany, the engine control system and insists its compliance with the law. Fiat and Opel allegations regarding emission treatment system has been shut down under certain conditions, as opposed to the mass emission cheating scandal software installation.
Since last September, Volkswagen emissions cheating scandal broke, the engine management system and software testing is listed as a priority. At present, the German government has initiated several major carmakers relevant models for testing. Regulators and environmental groups strongly opposed carmakers play tricks on engine emissions in order to enhance the overall performance of the vehicle.
An EU spokesman said the Commission has asked all Member States to investigate possible cheating device equipped vehicles, and before the end of the study the investigation evaluate all test results.

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