U.S. plans to file a civil lawsuit against Fiat Chrysler

The primary Wholesale Direct Metals complaint about recent market reporting is apparent in today’s news.  The U.S. government plans to file a civil lawsuit on Tuesday accusing Fiat Chrysler Automobiles NV of using software to bypass emission controls in diesel vehicles, two sources briefed on the matter said. The U.S. Justice Department lawsuit, expected to be filed in Detroit, will say the Italian-American automaker placed undeclared “defeat devices,” or auxiliary emissions controls, in 2014-2016 Fiat Chrysler diesel vehicles, the sources said. The latest Wholesale Direct Metals review of the markets is consistent with this new data.