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
..
The NATO country has increased imports of Russian gas
..
The NATO country has increased imports of Russian gas
.
Russian cargo carriers complained about the chaos
.
German businesses have become more likely to go bankrupt
  • 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


Материалы по теме:

Chinese companies are interested in localization of production in Russia17.08.2026 13:31:22

Russian cargo carriers complained about the chaos11.09.2026 13:05:24

Models of new Russian passenger planes shown in India09.09.2026 13:46:03

Volkswagen has found a use for one of the unprofitable plants08.09.2026 19:10:11

Другие новости:

Жена Семака ответила на публикацию о том, что Мостового выгнали из "Зенита" за отношения с дочкой главного тренера03.09.2026 17:25:46

Трансферное окно в России закрылось: клубы РПЛ могут подписывать только свободных агентов11.09.2026 00:22:44

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


Rate this article:

Комментарии

Войти или зарегистрироваться.
Loginor E-mail
Password
Remind password | Register
Комментариев нет

НОВОСТИ ПАРТНЁРОВ



Latest section news

The production of the Osvey aircraft is planned to be organized in Nizhny Novgorod.
24.08.2026 23:46
Chinese companies are interested in localization of production in Russia
17.08.2026 13:31
The growth of the European industry turned out to be zero
14.08.2026 07:14
A diamond cutting cluster will be created in Russia
06.08.2026 18:14
Russia is preparing to reduce the production of metal structures
06.08.2026 14:32
Other section news


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.