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Fiat Chrysler accused of inflating sales
Add BT as a preferred sourcePublished Fri, Jan 15, 2016 · 09:50 PM
New York
SHARES in Fiat Chrysler Automobiles tumbled in Milan and New York on Thursday after two US dealerships filed a lawsuit accusing the carmaker of inflating US car sales.
The suit, filed by dealers under the Illinois-based Napleton Automotive Group, charges that the incentive programmes from Italian company's US unit, FCA US, rewarded dealerships that falsely reported higher car sales, inflating the auto giant's results.
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