Instant Alert: Fiat shares fall as EU expected to start legal action over emission tests

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   Fiat shares fall as EU expected to start legal action over emission tests by on May 17, 2017, 3:39 AM Advertisement MILAN (Reuters) - Shares in Fiat Chrysler fell 2.4 percent in early trade on Wednesday, a day after Reuters reported that the European Union will start legal action against Italy for not policing allegations of emission-test cheating by the car maker. EU regulators say Italy has failed to convince them that the so-called defeat devices used to modulate emissions on its vehicles outside of narrow testing conditions are justified. (Reporting by Giulia Segreti: editing by Francesca Landini)   Share the latest business news with your network:    Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011