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MARKETS LIVE BLOG:

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UK to test Fiat Chrysler Jeep model after U.S. emission accusations

Reuters
A screen displays the ticker information for Fiat Chrysler Automobiles NV at the post where it's traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 12, 2016. REUTERS/Brendan McDermid/Files (Reuters)

LONDON (Reuters) - Britain said on Monday it will carry out tests on the Jeep Grand Cherokee model following U.S. accusations carmaker Fiat Chrysler Automobiles mislead regulators on diesel car emissions. "We have instructed our Market Surveillance Unit to undertake testing on one of these vehicles at the earliest opportunity," a spokesman at the Department for Transport said. FCA Chief Executive Sergio Marchionne has angrily rejected the allegations, saying there was no wrongdoing and FCA never sought to create software to cheat emissions rules. About 3,700 Jeep Grand Cherokee cars are registered in Britain according to the transport ministry. (Reporting by Costas Pitas; editing by Michael Holden)