Fiat Chrysler to pay $40 million fine for inflating sales numbers

[HellcatMike]

https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/

Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period.

The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to 2016, the U.S. Securities and Exchange Commission alleged in a complaint.

 

[Hunter]

A drop in the bucket for them.
I am sure they won't even notice..
Wonder how many million it took to investigate the issue?

 

[motorhead]

The loses are either insured, written off, or passed along to the consumer. Or all three.