Looks like Sergio may have been involved. Imagine that; and Italian company conducting mob-style business tactics:
GM Suing FCA Over Bribery Scheme
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Eric Hoffer said it best:
“Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket.”Phase 0, Neu-F Torque Bushing, Neu-F 28mm rear bar, El Gato Braces, Corsa Forza center brace, Front & Rear Koni Yellows, 4C coils, Craven Short Shifter, DeFi Boost Gauge, GFB-DV.
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Looks like Sergio may have been involved. Imagine that; and Italian company conducting mob-style business tactics:
https://www.nytimes.com/2019/11/20/b...r-lawsuit.html
I think we can do without the offensive Italian-stereotyping slur here.Enjoy the Forum? Tell a Friend and Please Whitelist us on your Ad Blocker. Thx!
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FCA Press Release:
FCA: General Motors’ Lawsuit Without Merit
November 20, 2019 , London - Fiat Chrysler Automobiles (“FCA” NYSE: FCAU /MTA: FCA) confirms that it will defend itself vigorously against the lawsuit filed yesterday by General Motors. FCA believes General Motors’ claims are nothing more than a meritless attempt to divert attention from that company’s own challenges.
This astonishing ploy comes at a time when FCA is proving itself to be an ever more formidable competitor that continues to create significant value for all its stakeholders through the successful implementation of its long-term strategy. This includes the proposed merger with PSA, which itself completed the successful turnaround of the European businesses it acquired not long ago from General Motors.
FCA will deal with this extraordinary attempt at distraction through the appropriate channels and will stay focused on continuing to deliver record results while realizing an exciting vision for the future of the industry. FCA is confident that it will prevail in defending itself against these claims in court and will also pursue all available remedies in response to this groundless lawsuit.Enjoy the Forum? Tell a Friend and Please Whitelist us on your Ad Blocker. Thx!
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Sorry, my reference wasn't intended to slur Italians, but a reference to the well documented direct-connection between businesses and organized crime for companies based in Italy: https://www.e-education.psu.edu/geog571/node/172
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Then shareholders are suing Fiat executives for losses on the stock market.
https://www.detroitnews.com/story/business/autos/chrysler/2019/12/03/shareholders-sue-fiat-chrysler-sergio-marchionne-estate-general-motors-racketeering-case/2596018001/Last edited by map; 12-04-2019, 12:46 PM.- Top
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by TramontoWell FCA is back at it. Since the Renault deal fell through PSA is talking full merger with FCA. Personally I don’t like the smell of this one. French...10-30-2019, 04:42 PM
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Would new leadership at both companies consider a merger or partnership? I wonder.
https://www.cnbc.com/2018/11/19/rena...ssan-carlos-gh...11-19-2018, 08:40 AM -
by TramontoSounds like a marriage from hell to me. I must admit I do not know anything about PSA other than they got screwed by GMC. But I don't see PSA bringing...03-11-2019, 06:16 PM
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by Since1958To those in the hallowed halls of FCA:
I have been a owner / driver of FIATs since 1958, having amassed more than a million miles on them...06-10-2019, 06:45 PM
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