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Travlingman's avatar
Travlingman
Explorer II
Jul 26, 2016

FCA Investigation Finds Inflated Sales/update page 2

This is a follow up to this thread.

FCA said an internal investigation found overstated sales numbers for last year. Looks like they found 5000 to 6000 more vehicles reported sold than they actually did. Here is the article from the Detroit Free Press. Could get interesting when Sergio reports 2nd quarter numbers to Wall Street Wed.

54 Replies

  • 3oaks wrote:
    What difference does it really make accept to share holders of the corporations? :h


    Right, fraud never hurts anyone but shareholders...:h

    From innocent employees that lose their jobs to worst case scenarios like Enron.

    Not that this is the case here but shareholders are not the only ones to feel the impact of things like this.
  • What difference does it really make accept to share holders of the corporations? :h