13/01/2017 World Business Report

US watchdogs accuse Fiat Chrysler over its emissions software.

The boss calls it "absolute nonsense."

Plus, is it a console, or a hand-held?

Nintendo takes on Sony, Microsoft and mobile phones

We will be talking to a tech guru about that latest Nintendo gadget

We start in the US, where car giant, Fiat Chrysler, is denying it

faces its own "dieselgate" scandal, just a day after Volkswagen

was fined more than $4 billion for cheating emissions tests.

The US regulator, the Environmental Protection Agency,

is accusing Fiat Chrysler of failing to disclose emissions software,

at least eight different types, installed in thousands

It says the software allowed the cars to exceed pollution limits,

and pump out higher levels of harmful nitrogen dioxide.

But the company's boss says it did nothing illegal.

The investigation involves the Jeep Grand Cherokee SUV

and Dodge Ram pickup made in the last three years.

That adds up to more than 100,000 vehicles,

The EPA says Fiat Chrysler could be liable for fines of up

But Fiat Chrysler's boss Sergio Marchionne called

the investigation "absolute nonsense," he says there was never

an intention to cheat emissions tests.

Still, investors aren't so sure, the company's stock plunged as much

as 16% on the news, although, it did recover after Mr Marchionne

gave a conference call to reassure them, ending about 10% down.

From New York, here's Samira Hussain.

with regards to whether actually they are being accused of this, the

Environmental Protection Agency says they used software to allow access

diesel emissions in more than 100,000 trucks and sport utility

vehicles sold since 2014. Briefly, it seems they could have been

engaged in similar activities as Volkswagen. But what the head of

Chrysler has said is that this is just a case of misunderstanding. And

Chrysler had been in touch with the EPA for a long time and had gone

through many discussions with regard to how their remissions tests works.

Chrysler was quick to defend themselves against these accusations

by the Environment Protection Agency and further to say that any sort of

comparison between them and Volkswagen is just outrageous.

Indeed. Jim Holder, is the Editorial

Director at Haymarket Automotive which publishes WhatCar,

Autocar and the Pistonheads website. You know a thing or two about cars.

Thank you for coming in at this horrible hour. Is that true or

false? They have firmly rebutted be accusations, but there was a waiting

time, almost 1.5 years now, everyone has waited for someone in the car

industry to be caught. Is that because when Volkswagen surfaced,

the scandal, we thought that could not be the only one. That was always

the suspicion. Every manufacturer has been investigated and many have

come away looking like they have not cheated. But this may have stuck at

last. The FCA are under the spotlight. Good Chrysler benefit in

seven days' time when Donald Trump becomes president? There is a strong

suspicion that the FCA have been playing a waiting game,? Fiat

Chrysler yes it. Donald Trump is not a strong environmentalist. They have

a very strong relationship with Donald Trump. The big boss of this

company is friends with Donald Trump. It is the only one that has

not been criticised by Donald Trump in the last few weeks. They have a

strong relationship. The incoming Environment Protection Agency boss

has a different thought on this. Could this accelerate, no pun

intended, the demise of diesel? I think it is gathering momentum, the

anti-diesel movement, in Europe, many countries are banning it. In

3-5 years, we could see volumes significantly come down. OK. So

don't buy a diesel? I wouldn't suggest it. I have one. Anyone want

to buy mine? And now to the other big story in the past half-hour.

It's just been unveiled by Nintendo, and it's called the Switch.

It can work as a hand-held gaming device, or plug into your TV and be

Nintendo hope they can cash in on the surge in mobile gaming.

Remember the success of their own Pokemon Go?

And also take on the Microsoft XBox and Sony Playstation

It will go on sale on March third at around $260 in Japan and $299

And, hopefully, make everyone forget about the disastrous flop

John Porter is the Home Technology Writer at TechRadar,

a website that advises tech fans on what to buy.

It is great to have you with us. What do you think about this? What

is Nintendo doing? Are they hanging on to the past? I did not bring my

mobile phone but I wanted to waive it around and say that mobile gaming

surely has to be the future. This has always been the problem with

Nintendo, having a problem with the potable side. The Nintendo DS and

the home console side, the Wii and Wii U. Hopefully they can reconcile

both and bring them together into the Switch. The prices bit steep.

299 is similar in the United States to what you would pay for the XBox

one consoles. It is a little bit cheaper. But if you are a first-time

buyer and are looking at the three consuls, you get more bang for your

buck with the XBox one or the PlayStation. This will not be able

to take them on, the Xbox or the PlayStation? It depends. Nintendo's

strength has been the first party games, Super Mario, Zelda... They

seem strong with that. The real test will be with third-party publishers,

Ubisoft, etc. In that regard, the presentation has shown off some good

things. We had but as the come on saying that Switch would have

Skyrim. -- Bethesda. Also Fifa will come to it as well. And you advise

technology fans to buy or not to buy. What do you recommend? With

something like the Switch, we have to see what the full launch looks

like. Zelda looks like a good launch game. But it is not quite enough to

recommend an entire game system. OK. Thank you very much for coming in,

John. Have a good day and have a good weekend. Let me leave you with

two stories before we go. Lee has been questioned for over 22

hours on suspicion of bribery in a corruption scandal involving

President Park Geun-hye. The South Korean special

prosecutor's office is investigating whether Samsung provided $25 million

to a business and foundations backed by Park's friend in exchange

for the national pension fund's support for a 2015 merger

of two Samsung companies. It says it will decide soon

whether to issue a warrant Wow! It is heating up in South

Korea, isn't it? India's most powerful

corporation has a new boss. Natarajan Chandra-sekaran has been

named the new Chairman of the $100 It has assets all over the world

including Jaguar Landrover here in the UK,

as well as Tata Steel. He will have to work hard

to repair damage to the group after the acrimonious sacking

of the previous boss Cyrus Mistry, who alleged serious ethical

and governance problems at the company and

is now being sued. so, he has got his work cut out for

him. And that is it for