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Fiat Chrysler Review Shows U.S. Sales Figures Were Inflated: Automotive News

An internal review that Fiat Chrysler Automobiles conducted from mid-2015 found that U.S. sales figures were inflated by 5,000 to 6,000 vehicles, partly amid pressure to keep the company's year-over-year monthly sales streak alive, the Automotive News reported Monday, citing two sources at FCA.

Fiat Chrysler Review Shows U.S. Sales Figures Were Inflated: Automotive News

An internal review that Fiat Chrysler Automobiles conducted from mid-2015 found that U.S. sales figures were inflated by 5,000 to 6,000 vehicles, partly amid pressure to keep the company's year-over-year monthly sales streak alive, the Automotive News reported Monday, citing two sources at FCA.

GM's Profit More Than Doubles

General Motors, bolstered by strong truck and SUV demand in its core market, posted a 157% increase in net profit in the second quarter compared with the same period a year ago.

GM's Profit More Than Doubles

General Motors, bolstered by strong truck and SUV demand in its core market, posted a 157% increase in net profit in the second quarter compared with the same period a year ago.

Partnerships Are the New M&A

Partnerships emerge as appealing alternative to M&A in midst of shifting and uncertain market environment.

Partnerships Are the New M&A

Partnerships emerge as appealing alternative to M&A in midst of shifting and uncertain market environment.

Lawsuit Accuses Volkswagen of Diesel-Cheating Cover-up

Senior executives at Volkswagen AG including its former chief executive covered up evidence that the German automaker had cheated on U.S. diesel emissions tests for years, New York state charged on Tuesday in a civil lawsuit against the company.

Lawsuit Accuses Volkswagen of Diesel-Cheating Cover-up

Senior executives at Volkswagen AG including its former chief executive covered up evidence that the German automaker had cheated on U.S. diesel emissions tests for years, New York state charged on Tuesday in a civil lawsuit against the company.

Auto Insurance Rates Rising

Due to an improving economy, job growth and record low gas prices, Americans are driving more. This means more accidents and consequently, higher insurance rates.

Auto Insurance Rates Rising

Due to an improving economy, job growth and record low gas prices, Americans are driving more. This means more accidents and consequently, higher insurance rates.

More Auto Loan Defaults Expected

A new report from DBRS Inc., a credit rating company, shows that lenders should expect to take a large loss on sub-prime auto loans made last year.