Stock Groups

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


© Reuters. FILE PHOTO A view of Stellantis’ logo at Hordain factory, 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.

Police confirmed the arrest, responding to a Reuters email.

According to one source, the arrest comes after a U.S. indictment earlier in the year. The charges include conspiring diesel-powered vehicles cheating on emissions tests.

Another source said that the arrest occurred Monday in the vicinity of Ferrara, northern Italy.

Stellantis wasn’t immediately available to comment.

Banner 3
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. However, market makers provide the prices. This means that prices might not reflect actual market prices and prices could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of 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. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.