Friday, April 5, 2019

FCA settles 2016 suit over dealers' claims of phony sales

FCA settles 2016 suit over dealers' claims of phony sales http://bit.ly/2HZJVJ1

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.

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