The SEC announced the close of an investigation into FCA and its parent company, Fiat Chrysler Automobiles N.V., which were accused of misleading investors about the number of new vehicles sold to U.S. customers each month.
Volkswagen Overstated Fuel Economy on 98K Vehicles
Volkswagen Group of America will lower the fuel economy ratings of 98,000 vehicles, give up greenhouse gas emissions credits, and reimburse customers under a court settlement with the federal government, the company announced.