What exactly is this emissions scandal? Journey so far from VW to Fiat Chrysler
On September 18, 2015 US Environmental Protection Agency issued notice to the automaker for equipping its vehicles with a particular engine that could skew emissions data.
On September 22, the company admitted to having around 11 million diesel vehicles having this cheat device.
This scandal led to the resignation of the company’s then CEO Martin Winterkorn and host of other resignations followed at the company’s brands – Audi, Skoda, and Porsche.
Even fire of the scandal spread to India too when on September 24, government directed ARAI to start investigations.
Countries like Romania and Switzerland banned sale of Volkswagen brand diesel engine models.
Apart from this, the company is also facing fines of millions of dollars from various courts.
The announcement made the company’s shares tumble to 15 percent, its worst in over a decade.
Nissan Motor came to the rescue of the scandal hit company by confirming buying of 34 percent stake.
Reports suggested that Opel's diesel models had uncovered "hitherto unknown devices" that deactivate filtration systems in the engines of two of the best-selling models, Astra and Zafira.
However, the company denied using the same emissions cheating software that is at the centre of the Volkswagen Scandal.
It said if the company would be fined around $2,80,000 for the same.
However, it negated the idea of using cheat device.
The company said the place where the vehicles were tested was affected by weather conditions making the tests difficult.
German regulators suspected Fiat Chrysler of using illegal software to cheat on emission tests.
They even accused the automaker for showing "uncooperative attitude" towards the investigation.
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