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Friday, 22 July 2016

U.S. DoJ investigating Fiat Chrysler: Bloomberg | Reuters

Reuters reports (18 July) that the Department of Justice in the USA is investigating Fiat Chrysler under securities laws. The report admits that it isn't entirely clear what is being investigated, but suggests that it might have started with a lawsuit brought in January by two dealerships in the Chicago area which accused the company of inflating sales - pressuring dealers to declare vehicles as sold one month, and undo the transactions the next, claims which the manufacturer dismissed as "without merit".

'via Blog this'

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