Italy’s police arrest Stellantis manager in U.S. diesel emissions enquiry

imageStock Markets8 minutes ago (Sep 29, 2021 07:30AM ET)

(C) Reuters. FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company’s factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol

MILAN (Reuters) – Sergio Pasini, a manager at former carmaker Fiat Chrysler, now part of the Stellantis group, was arrested in Italy, police said on Wednesday, with sources close to the matter adding the arrest was part of a U.S. inquiry into diesel emissions rigging.

“We confirm the arrest,” police told Reuters, replying to an email.

The arrest follows an indictment in the U.S. earlier this year on charges that included conspiring to rig diesel-powered vehicles to cheat on government emissions tests, one of the sources said.

A second source added the arrest took place on Monday near the northern Italian city of Ferrara.

Stellantis unit FCA U.S. said in an emailed statement it would continue to fully cooperate with the authorities regarding the diesel emissions issue and had nothing else to add beyond previous statements made on the matter.

Italy’s police arrest Stellantis manager in U.S. diesel emissions enquiry

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Related Articles

Explainer-Americans wonder: Which COVID-19 booster is best?

(C) Reuters. FILE PHOTO: Vials labelled "Moderna, Johnson & Johnson, Pfizer-BioNTech...

Subscribe

Categories

Same Category

Explainer-Americans wonder: Which COVID-19 booster is best?

(C) Reuters. FILE PHOTO: Vials labelled "Moderna, Johnson &...

BMW to phase out fossil-fuel burning engines from main plant by 2024

Stock Markets25 minutes ago (Oct 22, 2021 01:11PM ET) (C)...

In corporate crackdown, U.S. SEC takes aim at executive pay

(C) Reuters. FILE PHOTO: Signage is seen at the...