Fiat Chrysler has been drawn into the “dieselgate” emissions scandal, sending its shares plunging by almost a fifth.
America’s Environmental Protection Agency (EPA) accused the car maker of fitting 104,000 of its cars with software which cheated pollution tests.
It warned that Fiat “may be liable for civil penalties and injunctive relief for the violations”, news which drove shares down 18pc.
There will be more. Simply because large numbers of people have been fiddling the tests.