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Thread: Fiat Chrysler TANKING this Morning on Cummins EPA Violations

  1. #1

    Fiat Chrysler TANKING this Morning on Cummins EPA Violations

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    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...




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  3. #2
    fiat chrysler diesel on Twitter

    https://twitter.com/search/fiat+chrysler+diesel


    CNBC Now
    (@CNBCnow)



    BREAKING: EPA to accuse Fiat Chrysler of using software that allowed excess diesel emissions in about 100K vehicles - Reuters
    18 mins ago · Twitter



    zerohedge
    (@zerohedge)



    Fiat Chrysler Shares Crash After EPA Accuses Automaker Of Using Software To Cheat Diesel Emissions Laws www.zerohedge.com/news/…
    6 mins ago · Twitter



    Automotive News
    (@Automotive_News)



    UPDATE (via @Reuters): @EPA will accuse @FiatChrysler_NA allowing excess diesel emissions in 100,000 trucks in US. Details in 11 am ET call.
    38 secs ago · Twitter

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  4. #3
    Time to buy.

  5. #4
    oh damn down 14.07% now

    genuine carshing

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  6. #5
    Here we go again. Shutter the EPA!

  7. #6
    100k shares selling 9.59


    epic

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  8. #7
    Exclusive: EPA to accuse Fiat Chrysler of excess diesel emissions - sources



    ReutersJanuary 12, 2017



    (Reuters) - The U.S. Environmental Protection Agency on Thursday will accuse Fiat Chrysler Automobiles NV of using software that allowed excess diesel emissions in just over 100,000 U.S. trucks and SUVs sold since 2014, two sources briefed on the matter said.
    The EPA told the automaker it believes its undeclared emissions control software allowed vehicles to generate excess pollution in violation of the law. Fiat Chrysler declined to comment.
    Its U.S.-listed shares were down 9 percent.
    The EPA will announce the findings at an 11 a.m. conference call. It comes amid rising scrutiny by EPA of automaker emissions after Volkswagen AG (VOWG_p.DE) admitted to cheating diesel emissions tests in 580,000 U.S. vehicles.
    The EPA has for months declined to certify Fiat Chrysler's 2017 diesel vehicles for sale in the United States.
    http://finance.yahoo.com/news/exclus...154301275.html

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  9. #8
    Previous Close
    11.09
    Open 11.30
    Day's Range 9.27 - 11.31
    52 Week Range 5.45 - 11.31




    FCAU Opened at the Year High!

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...




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  11. #9
    prediction:


    Trump will open his mouth, shortly after some private calls to friends, and this mofo will bounce like a cat struck with lightening.

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  12. #10
    FCA RESPONDS

    FCA US responds to EPA, to work with incoming administration to present case FCA US says in a statement, "FCA US is disappointed that the EPA has chosen to issue a notice of violation with respect to the emissions control technology employed in the company's 2014-16 model year light duty 3.0-liter diesel engines. FCA US intends to work with the incoming administration to present its case and resolve this matter fairly and equitably and to assure the EPA and FCA US customers that the company's diesel-powered vehicles meet all applicable regulatory requirements. FCA US diesel engines are equipped with state-of-the-art emission control systems hardware, including selective catalytic reduction. Every auto manufacturer must employ various strategies to control tailpipe emissions in order to balance EPA's regulatory requirements for low nitrogen oxide emissions and requirements for engine durability and performance, safety and fuel efficiency. FCA US believes that its emission control systems meet the applicable requirements. FCA US has spent months providing voluminous information in response to requests from EPA and other governmental authorities and has sought to explain its emissions control technology to EPA representatives. FCA US has proposed a number of actions to address EPA's concerns, including developing extensive software changes to our emissions control strategies that could be implemented in these vehicles immediately to further improve emissions performance. FCA US looks forward to the opportunity to meet with the EPA's enforcement division and representatives of the new administration to demonstrate that FCA US's emissions control strategies are properly justified and thus are not "defeat devices" under applicable regulations and to resolve this matter expeditiously."

    Read more at:
    http://thefly.com/landingPageNews.php?id=2488454

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  13. #11
    Disband the EPA and replace it with nothing.

  14. #12
    Fiat Chrysler could face fines of about $44,000 per vehicle if it is proven that it violated emissions rules.

    https://www.yahoo.com/news/exclusive...--finance.html

    but damn

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  15. #13
    They're going after all diesel. Ban the EPA!
    “The spirits of darkness are now among us. We have to be on guard so that we may realize what is happening when we encounter them and gain a real idea of where they are to be found. The most dangerous thing you can do in the immediate future will be to give yourself up unconsciously to the influences which are definitely present.” ~ Rudolf Steiner

  16. #14
    Quote Originally Posted by presence View Post
    Fiat Chrysler could face fines of about $44,000 per vehicle if it is proven that it violated emissions rules.

    https://www.yahoo.com/news/exclusive...--finance.html

    but damn
    Hammering automakers is becoming a cash cow for the EPA.

  17. #15
    Quote Originally Posted by donnay View Post
    They're going after all diesel. Ban the EPA!
    Yep, fossil fuel and electrical industries must've upped their lobbying these days. Can't have real competition with french fry oil and renewables, can we?

    Energy diversity FTW.

    Oh, and BTFD.
    The bigger government gets, the smaller I wish it was.
    My new motto: More Love, Less Laws

  18. #16
    Quote Originally Posted by phill4paul View Post
    Hammering automakers is becoming a cash cow for the EPA.
    2000 International 7.3 diesel-grandfathered

    1979 Toyota Land Cruiser diesel-grandfathered



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  20. #17
    Crashing fiat? A code perhaps. Interesting numerology also. Will have to look at this closer.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  21. #18
    Fiat Chrysler Strikes Back on Diesel Cheating Allegations

    UPDATE: FCA CEO Sergio Marchionne spoke to CNBC regarding this issue later in the day. This story is updated to include his comments.

    The Environmental Protection Agency has accused Fiat Chrysler Automobiles of failing to disclose engine management software for 2014-2016 Ram 1500s and Jeep Grand Cherokees with the 3.0-liter turbodiesel engine marketed as the EcoDiesel. The Notice of Violation affects approximately 104,000 vehicles. The California Air Resources Board (CARB) has also released a notice of violation.

    Marchionne told CNBC he feels that FCA has been “unnecessarily maligned.”

    The EPA says the vehicles have at least eight auxiliary emission control devices (AECDs) that appear to cause the vehicles to perform differently when being tested than when in use.

    The EPA has challenged FCA to show how these aren’t defeat devices. ( How about, since you are the accuser, you prove they are? p4p) So far, the EPA is not satisfied with FCA’s response. The software allows the engines to emit nitrogen oxide, or NOx, in excess of the standard, but the EPA is not saying by how much. ( Probably because it is a fart's worth on a tank of diesel. p4p) This is a violation of the Clean Air Act.

    Marchionne explained that, unlike the VW defeat devices that detected when the vehicles were likely on a test cycle, Chrysler’s software worked during normal operation to protect the engine. “They cannot be classified as defeat devices because we’re trying to defeat nothing,” he said. “These were mechanisms that were put in place to protect the engine in particular circumstances when the engine was under load.”

    For now, the EPA is putting FCA on notice, and an investigation continues in conjunction with the California Air Resources Board (CARB). ($#@! you California. Quit dictating to the other states through the Federal government. p4p)

    FCA US has issued a response to the allegation. It believes that its emission control systems meet the applicable requirements, and it says that it has proposed a number of actions to address EPA’s concerns, including “developing extensive software changes to our emissions control strategies that could be implemented in these vehicles immediately to further improve emissions performance.”

    The EPA notes that most diesels can meet the EPA emissions standards, and several 2017 diesels have been certified. The FCA 3.0-liter, however, hasn’t.

    Marchionne said Chrysler has been in contact with the EPA about the issue since September 2015, and that he feels the company has the software in place to fix the issue. “Our software package, the one that is ready to go to be flashed in all of our vehicles, will cure all their concerns.”

    There are no 2017 models with the engine because the EPA discovered the AECDs while it was attempting to certify the vehicle for the 2017 model year.

    The FCA CEO hopes he can work with the new administration to resolve the issue and get 2017 models with diesel engines on the road. “I sincerely hope that we can resolve it very, very quickly and get certification under 2017. Diesel engines are available to be installed both in the Grand Cherokee and the Ram 1500. If we can get over that hump, then we take that software and effectively reflash the ’14, ’15, and ’16 cars and make the issue go away,” he said.

    If that happens, the EPA and FCA will have to negotiate a settlement. The civil penalties for the violations could run as high as $44,539 per vehicle sold. Any settlement number is premature, but it would most likely not be that high per vehicle.

    “The rest of it really becomes a question of administrative compliance with the standard and whether we agree or not agree that there was an infraction in place,” Marchionne noted.

    If you own one of these vehicles, the EPA says no immediate action is required. They are safe and legal to drive.

    We’ll follow this story as it unfolds.
    http://www.cheatsheet.com/automobile...pdated.html/2/



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