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FCA, Feds and Dealership Lawsuit

Discussion in 'Cars and Transportation' started by HookBill, Jul 19, 2016.

  1. TexasEV

    TexasEV Well-Known Member

    Joined:
    Jun 5, 2013
    Messages:
    6,160
    Location:
    Austin, TX
    Why is this an issue for the Dept. of Justice? Seems like it's a private legal matter between the manufacturer and it's dealers.
     
  2. wilheldp

    wilheldp Member

    Joined:
    Jun 24, 2016
    Messages:
    143
    Location:
    Louisville, KY
    The dealers are alleging that Chrysler-Fiat inflated sales numbers in an effort to look more profitable. Since it is a publicly traded company, any type of fraud like this falls under the jurisdiction of the SEC, DOJ, and FBI for various different reasons.
     
  3. GoTslaGo

    GoTslaGo Learning Member

    Joined:
    Dec 25, 2015
    Messages:
    3,070
    Location:
    NV
    That would help explain why FCA showed a positive y-o-y growth earlier this year when everyone was down (except Tesla and a few others, sorry can't find the chart anymore). Detroit newspaper attributed it to their Jeep sales which made sense, but this brings it into question. We shall see.
     

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