Fiat Chrysler, in settlement talks with US, is under more pressure

Fiat Chrysler Automobiles, one of the world's biggest carmakers, said on Thursday that it was in talks with the Department of Justice to settle an investigation into diesel deception, as growing evidence points to the carmaker's use of illegal software to evade emissions tests.

The settlement talks add to the pressure on Fiat Chrysler at a time of meager profitability.

The German carmaker Volkswagen, which faced a similar scandal, has been hit with billions of dollars of settlements and fines, and seen several executives investigated or charged. Though Fiat Chrysler's financial damage is unlikely to be as costly as Volkswagen's, the