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Fiat Chrysler calls GM's bribery allegations 'preposterous'

from Yahoo! Finance

Fiat Chrysler calls GM's bribery allegations 'preposterous' Yahoo! Finance Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are “preposterous” and read like a script from a “third-rate spy movie,” FCA lawyers wrote in court documents filed recently. GM, in a motion recently, alleged that Fiat Chrysler used foreign bank accounts to bribe union officials so they would stick GM with higher labour costs. But in a response, the Italian-American automaker fired back, calling GM’s claims “defamatory and baseless.” READ MORE

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