The Traderszone Network

Published in TZ Latest News 18 July, 2016 by The TZ Newswire Staff

Did Fiat Chrysler Exaggerate its Sales Gains?

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Jeep sales are up 17% in the first half of 2016. Or are they? FCA may be facing a Federal investigation into its sales-reporting practices. Image source: Fiat Chrysler Automobiles

Shares of Fiat Chrysler Automobiles (NYSE: FCAU) dropped sharply in mid-day trading in New York on Monday after reports emerged that the company is being investigated by the U.S. Department of Justice for fraud.

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