Friday, 27 September 2019

Fiat Chrysler to pay $40 million over inflated U.S. sales figures, SEC says

The U.S. Securities and Exchange Commission said that between 2012 and 2016 Fiat Chrysler's U.S. unit issued monthly press releases falsely reporting new vehicle sales and falsely touting a "streak" of uninterrupted monthly year-over-year sales growth, when the growth streak ended in September 2013.



source https://www.autonews.com/sales/fiat-chrysler-pay-40-million-over-inflated-us-sales-figures-sec-says

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