Jul
18
Fiat Chrysler Sales Reporting Subject of U.S. Probe
Posted in: Uncategorized
Fiat Chrysler Automobiles is facing a coordinated U.S. probe into the automaker’s U.S. sales reporting practices, the company said Monday.
Investigators from the FBI and the Securities and Exchange Commission visited Fiat Chrysler Automobiles field staff in their homes and offices this month as part of the probe, Automotive News has learned.
Federal staff attorneys also visited the headquarters of FCA US in Auburn Hills, Mich., the same day, July 11, a source with direct knowledge said. The person added that FCA employees were advised not to speak with investigators without counsel present. Raids or visits also were conducted in Orlando, Dallas and California, the source said, and included current and former FCA employees.
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