Fiat Chrysler Auto Sales Probed by Justice Department, SEC

  • Authorities scrutinizing possible securities laws violations
  • Alleged sales-padding by dealers is focus of investigation

Fiat Chrysler Said Under Investigation by Justice Dept.

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Fiat Chrysler Automobiles NV is under investigation by U.S. authorities amid allegations that the maker of Dodge and Jeep vehicles inflated sales figures.

Fiat Chrysler is cooperating with investigations by the Justice Department and the Securities and Exchange Commission into the reporting of vehicle sales to customers in the U.S., the company said in a statementBloomberg Terminal Monday.