Culture and leisure


State


Industry


Transport


Science and engineering


Finances


Communication


IT, Media


Fuel and energy


Trade and Services


Physical activity


World


Русская версия


Login
✖
Loginor E-mail
Password
Remind password | Register
top news
.
A foreigner wanted to bring 3.5 kilograms of jade to China and got caught at a Russian airport
.
Discounts on Russian oil for China soared
.
Lithuania has not yet recorded any new incidents involving smugglers' balloons
.
The Russian Federation and Norway have set the lowest quota for cod fishing since 1991 in 2026
  • Oreanda-News.com
  • ›
  • Industry
  • ›
  • Fiat Chrysler sources allegedly uncover inflated sales reporting
26.07.2016, 06:08

Fiat Chrysler sources allegedly uncover inflated sales reporting

IndustryTransport
OREANDA-NEWS. July 26, 2016. Earlier in July, the SEC decided to investigate Fiat Chrysler Automobiles after a January 2016 lawsuit alleged that the automaker was fudging its sales numbers. FCA dismissed the allegations, but a new report throws that into question, as it appears FCA may have known about these practices already.

According to insider sources, a 2015 internal review found thousands of misreported vehicle sales, Automotive News reports. The number fudging was stopped after said review, the sources say, but it still happened for a spell, which means FCA's sales numbers might be higher than the truth suggests.

The sources go on to explain that pressure to continually best its own sales figures prompted the misreporting, wherein vehicles that were marked as sold were not, in fact, sold to anyone. This malfeasance allegedly involves 5,000 to 6,000 vehicles. FCA's monthly year-over-year sales streak spans over six years. Those aggressive sales tactics have led to some serious employee turnover, AN reports.

Fiat Chrysler declined to comment to both Roadshow and Automotive News. The company is currently under SEC investigation for its sales reporting, after a dealer group in Illinois claimed that the automaker offered cash to dealers in exchange for manipulating sales figures. FCA called the claims "baseless," and it has said it's cooperating with the feds since the inquiry began.

Подпишитесь на каналы ИА "Ореанда-Новости":
VK News News


Другие новости:

Украинские СМИ отреагировали на четыре спасения Сафонова в серии пенальти17.12.2025 23:34:15

В Норвегии рассказали, как встретят россиян на Кубке мира10.12.2025 16:20:19

Share on social networks:
 Подписаться на наши группы: Instagram | VK | Facebook | Twitter


Rate this article:

Комментарии

Для добавления комментария необходимо войти под своей учётной записью или зарегистрироваться.
Loginor E-mail
Password
Remind password | Register
Комментариев нет

НОВОСТИ ПАРТНЁРОВ



Latest news in section

Russian Stock Market (MOEX): Share prices of development enterprises 19.12.2025, 16:30 MSK
19.12.2025 16:30
Russian Stock Market (MOEX): Share prices of chemical enterprises 19.12.2025, 15:00 MSK
19.12.2025 15:00
Russian Stock Market (MOEX): Share prices of metallurgy and mining enterprises 19.12.2025, 12:30 MSK
19.12.2025 12:30
Russian Stock Market (MOEX): Share prices of development enterprises 18.12.2025, 16:30 MSK
18.12.2025 16:30
Russian Stock Market (MOEX): Share prices of chemical enterprises 18.12.2025, 15:00 MSK
18.12.2025 15:00
Russian Stock Market (MOEX): Share prices of metallurgy and mining enterprises 18.12.2025, 12:30 MSK
18.12.2025 12:30
AvtoVAZ will return to a five-day working week
17.12.2025 19:32
Russian Stock Market (MOEX): Share prices of development enterprises 17.12.2025, 16:29 MSK
17.12.2025 16:30
Russian Stock Market (MOEX): Share prices of chemical enterprises 17.12.2025, 14:59 MSK
17.12.2025 15:00
Russian Stock Market (MOEX): Share prices of metallurgy and mining enterprises 17.12.2025, 12:30 MSK
17.12.2025 12:30
Russian Stock Market (MOEX): Share prices of development enterprises 16.12.2025, 16:30 MSK
16.12.2025 16:30
Russian Stock Market (MOEX): Share prices of chemical enterprises 16.12.2025, 15:00 MSK
16.12.2025 15:00
Russian Stock Market (MOEX): Share prices of metallurgy and mining enterprises 16.12.2025, 12:30 MSK
16.12.2025 12:30
Russian Stock Market (MOEX): Share prices of development enterprises 15.12.2025, 16:30 MSK
15.12.2025 16:30
Russian Stock Market (MOEX): Share prices of chemical enterprises 15.12.2025, 15:00 MSK
15.12.2025 15:00
Russian Stock Market (MOEX): Share prices of metallurgy and mining enterprises 15.12.2025, 12:30 MSK
15.12.2025 12:30
Volkswagen announced the closure of the plant in Germany
15.12.2025 12:19
Government extends state support measures for coal companies
12.12.2025 23:02
Russian Stock Market (MOEX): Share prices of development enterprises 12.12.2025, 16:29 MSK
12.12.2025 16:30
Russian Stock Market (MOEX): Share prices of chemical enterprises 12.12.2025, 14:59 MSK
12.12.2025 15:00
Russian Stock Market (MOEX): Share prices of metallurgy and mining enterprises 12.12.2025, 12:29 MSK
12.12.2025 12:30
Russian Stock Market (MOEX): Share prices of development enterprises 11.12.2025, 16:30 MSK
11.12.2025 16:30
Russian Stock Market (MOEX): Share prices of chemical enterprises 11.12.2025, 14:59 MSK
11.12.2025 15:00
Russian Stock Market (MOEX): Share prices of metallurgy and mining enterprises 11.12.2025, 12:30 MSK
11.12.2025 12:30
Steel production in Russia has fallen
10.12.2025 20:39


RSS Terminal About company Contacts Ad on the site
Copyright (c) Oreanda-News | Тел.: +7 (495) 995-8221

In case of reprinting or quoting the hyperlink to the website of Oreanda-News agency is required.