Fiat Chrysler shares slump 10 percent over 'false' US sales

GMT 12:16 2016 Thursday ,14 January

Arab Today, arab today Fiat Chrysler shares slump 10 percent over 'false' US sales

Fiat Chrysler
Milan - Arab Today

Shares in car giant Fiat Chrysler Automobiles lost more than 10 percent of their value in Milan on Thursday after a report it had conspired to inflate its US sales figures.

The slump came after Automotive News reported on its website that two Chicago salesmen had initiated a legal suit which claims the company had offered dealers cash to pretend they had sold more cars than they actually had.


 

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