In most of the country the real news is that this is a voluntary recall. But in California, drivers who fail to get the necessary repairs will not be able to register their vehicles. NOx emissions in California are the most important contributor to ambient ozone and a key contributor to fine particulate matter pollution (PM 2.5) which is associated with premature death, asthma emergency room visits, increased hospitalizations due to exacerbation of chronic heart and lung diseases, and other serious negative health problems. There is also a corporate health problem in that the cost of the health defect will likely be material to financial results, thereby requiring an SEC filing. Continue reading →
Fiat-Chrysler Recalls More Than 850,000 Passenger Vehicles
In most of the country the real news is that this is a voluntary recall. But in California, drivers who fail to get the necessary repairs will not be able to register their vehicles. NOx emissions in California are the most important contributor to ambient ozone and a key contributor to fine particulate matter pollution (PM 2.5) which is associated with premature death, asthma emergency room visits, increased hospitalizations due to exacerbation of chronic heart and lung diseases, and other serious negative health problems. There is also a corporate health problem in that the cost of the health defect will likely be material to financial results, thereby requiring an SEC filing. Continue reading →