U.S. charges Stellantis unit in diesel emissions probe

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEI510UY_L.jpg

Reuters reported last week FCA US LLC, now part of Stellantis NV, had agreed to plead guilty to a criminal conspiracy charge arising from its efforts to evade emissions requirements for more than 100,000 older Ram pickup trucks and Jeep sport-utility vehicles in its U.S. lineup and would pay roughly $300 million in penalties.

U.S. District Judge Nancy G. Edmunds in Detroit set a plea hearing for FCA US for 1:30 p.m. Friday.

Stellantis declined to comment.