The Financial Times stresses the complexity of the software FCA with respect to fraud German Marchionne: “there Are only different opinions on the technical aspects of” next Friday’s meeting with the EPA, the economic issue
ROME. Also from the States "defend" the FCA. Maybe defense is a word that is a bit challenging, but the report published yesterday by the prestigious "the Financial Times" makes clear the best contours of the story that is involved in FCA in the charge received by the EPA, the environmental protection agency of the United States, alleged wrongdoing in the emissions of NOx two of the models sold on the american market, the pick-up Dodge Ram and suv Jeep Grand Cherokee with turbo diesel engine V6 3.0.
OMISSION is NOT MANIPULATION. Meanwhile, the FT highlights the profound difference between the dieselgate Volkswagen and the simple notification of the EPA at the Group led by Sergio Marchionne. As we already stated in our articles, it is "it’s a violation of the US Clean Air Act relative to theomission of the declaration, the presence in 104.000 vehicles with a diesel engine of a software that is able to turn off the emission control in certain circumstances on the road.” Always admitted that one could speak of the omission, given that the FCA and EPA speak for a year, we are faced with an episode of flow is absolutely less important than that of VW, which is probably as Thursday had said the same Marchionne, not worthy of "the demonization of the name FCA as the fact made for VW".
TECHNICAL SOLUTIONS AND FRAUD on a VOLUNTARY basis. According John German, already an official of the EPA and currently consultant to the International Council on Clean Transportation. the “In detail, the Volkswagen has planned the volunteer software that had to work to alter the test for official approval. While, when not in the test mode, the software disattivava completely in control of emissions. the For the software FCA instead, no one knows how often the emission control to be turned off, we only know that the real emissions are higher than those of the official test), but not as often. But the control is not switched off, unlike what happened in software Volkswagen”. In his report, FT is also to note how the item is under indictment by the EPA is defined as "emission control device of the auxiliary while in the investigation of Volkswagen had been labeled as a "system of handling il legal".
UNCERTAINTIES. On this subject, writes Andrea Silvuni of the Loop, one of the greatest Italian experts of approvals, Marco Mauri, director, innovation & development of ACI Global, explains that “information, related to the reference standards and the engine concerned, is not allow to state that an infringement has been committed and the engine emissions can be influenced by external factors”. In addition, according to Mauri of the affected vehicles have “application, rules, and test different” re-entering, for example, the Ram 1500 light truck. the “Each engine, with its electronic devices, emission control is regulated by multiple sensors that vary the thermodynamic condition is also a function of the barometric pressure, the temperature of the cooling liquid and the ambient temperature, for which to evaluate the operation of the policies relating to the functioning implies a thorough knowledge of the maps and digital of the points of interpolation. In my opinion, it is still premature to draw conclusions, because they may prove to be unfounded”.
COLLABORATION. Continuing in the same strategy, started a year ago and continued in recent months, the FCA has already set for next Friday to Ann Harbor, Michigan, the headquarters of the EPA, the first event that will mark the the resumption of negotiations after the charge of breach of the rules on the emission of NoX. While the following Monday, the staff at the FCA will be in California to meet with the local authorities, who always work together with the EPA. After what happened, you probably will not be dating serene, but FCA will still try to convince the new federal Agency the american of the goodness of its technological solutions that, according to Marchionne and his men have nothing to do with the violation of the emissions of which were charged with the consequent risk of a maximum penalty of 4.6 billion dollars. For Marchionne continues to be a "difference of opinion on technical aspects". In spit e of this will try for the umpteenth time, a way of mediation, a few days after the establishment of the new management, the daughter of the investiture of the new President Donald Trump, which has the head of the EPA has put the republican and antiecologista Scott Pruitt. In appearance, it may seem that a solution favorable to the FCA but this you will need to check with the facts because the choice of more and more suspect in times of a responsible, outgoing, Gina McCarthy, has probably forced the hand to a situation that could be managed and resolved in another manner. Not to stifle but to find solutions. And Pruitt certainly can not miss of respect to the voters and american users already scorched by the Volkswagen Case and ready to "take a bite" of everything that only looks like.
a QUESTION OF MONEY. the More complex the story for the FCA if you look from the finance. In the event of a violation, payment of the maximum of the penalty provided for, that is, 4.6 billion dollars (44.539 dollars for each of the 104.000 cars involved), despite the assurances of survival re-launched on Thursday from the chief executive officer and the beliefs of many analysts that the minor hypothetical faults of the FCA compared to the VW.
may be sanctioned to the max with the 500 million dollars. But the risk is still very high, and according to Fitch, a possible sentence would put pressure on the rating of the FCA that “already has a debt of 5.5 billion euros, while the Volkswagen has 31 billion euros of net cash”. And if it is true that the problems of the FCA are different and of lesser magnitude than those of VW, it is also true that the FCA is in a “worse position to deal with them” as claimed by the Wall Street Journal. And it certainly has not helped the cause FCA, l'opening of the dossier of the investigation on the matter made yesterday by the u.s. Department of Justice, which has had effects heavy to Wall Street with a new loss of 4.2% for the securities of group italo-american, instead of shooting on the Milan Stock exchange (+4,6%). An act however, due to the Department of Justice after the prosecution of the EPA, always waiting to figure out how to move at the decisive moment the new administration Trump. Rather, while Renault is defended by rejecting every allegation from the investigation opened by the magistracy of Paris, for the emission of suspicious engine 1.6 diesel, it is necessary to understand better the requests always arrive yesterday by the European Union at the request of the German and Great Britain, for emissions of diesel FCA, in particular, 500X.
AUTHORITY AND RULES. At this point, while pressing the free-for-all, after-the-fact clarity to the events in progress, the need for a upper intervention, the creation of a supranational authority, an authority that defines once and for all and for each Country, the types of tests, the limits and range of the emissions and the use and operation of software which is able to reduce them. So to put all of the Houses in front of the same laws and regulations, always remembering that no one can afford to play with the health of others, but at the same time, no one can criminalize an industry that continues to invest to correct and improve the mistakes of the past with business models, maybe questionable, but able to give employment to hundreds of thousands of people.
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