Friday, 5 April 2019

FCA settles 2016 suit over dealers' claims of phony sales

Fiat Chrysler's U.S. unit settled an antitrust lawsuit claiming the company pushed dealers to submit fraudulent sales numbers to prop up its share price. The allegations spurred a federal investigation into whether the figures misled shareholders about the carmaker’s financial situation.



source https://www.autonews.com/sales/fca-settles-2016-suit-over-dealers-claims-phony-sales

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