Jump to content
  • Greetings Guest!

    CheersandGears.com was founded in 2001 and is one of the oldest continuously operating automotive forums out there.  Come see why we have users who visit nearly every day for the past 16+ years. Signup is fast and free, or you can opt for a premium subscription to view the site ad-free.

William Maley

Fiat News: Federal Investigators Focus On Possible Code Phrase In FCA Sales Probe

Recommended Posts

If you think the Fiat Chrysler Automobiles' sales probe couldn't take an unexpected turn, then you would be wrong. The Wall Street Journal reports that federal investigators are asking questions about a phrase that was used by various executives to dealers and regional sales managers.

According to sources, executives at FCA would use the phrase “unnatural acts department” during conference calls and one-on-one conversations. This phrase was to convey to dealers and regional sales managers to get more sales before the end of the month. Such solutions included selling vehicles at a loss or asking dealers to buy a number of vehicles that would be used for test-drives with customers. Investigators are trying to figure out if the phrase was used a way to rally the troops to meet sales targets or a key piece of evidence of whether or not FCA executives deceived the public by using this phrase to tell dealers to falsify sales numbers.

As we reported back in July, FCA is currently under investigation by the U.S. Department of Justice and Securities and Exchange Commission over their sales reporting practices. The investigation stems from dealers in Florida and Illinois suing the company for falsifying sales numbers. In the same month, FCA admitted the sales streak that supposedly lasted for 75 months only lasted for 40 months. The company also changed how it reported sales numbers.

Source: The Wall Street Journal


View full article

Share this post


Link to post
Share on other sites

:puke: FCA just turns my stomach for how they have destroyed the overall american labels.

Share this post


Link to post
Share on other sites

I have come to terms with FCA's Sergio phoquing it up for Chryco.

But...at least we got a couple of years of fan-phoquing-tastic Mopars from that deal.

We got 2-3 years of Viper. We got Hellcats.

Remember, Chryco was finished. It would have been the end right then and there in 2009. Prolonging the agony is what it seems now though.

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • Similar Content

    • By William Maley
      Since 2014, Fiat Chrysler Automobiles CEO Sergio Marchionne proclaimed that Jeep needed a three-row luxury SUV to better compete with the likes of the Cadillac Escalade and Lincoln Navigator. But this SUV, known as the Grand Wagoneer hasn't materialized. Numerous delays and debates about the design has caused the launch to be pushed time and time again. These delays have a number of dealers concerned that Jeep may miss its opportunity with this new model.
      "I think our window of opportunity is closing. We could have killed with [the Grand Wagoneer] if it had been available when they first told us about it, but it's a much tougher sell with interest rates and gas prices going up," said an unnamed FCA dealer to Automotive News.
      John Murphy, research analyst at Bank of America Merrill Lynch said last week at a meeting of the Automotive Press Association that the "Goldilocks" era in auto retailing was coming to a close. Murphy said the next five years would be tough on auto sales due to a number of factors, especially for those trying to sell high-end models.
      Higher interest rates Increasing gas prices Raw materials becoming more expensive Increasing competition in the light-truck sector The current plan is to launch the Grand Wagoneer in 2019, but production could be pushed back till late in the year or even into 2020. This is due to FCA's plan to keep building the current Ram 1500 at their Warren Truck Plant until the end of year. But depending on demand, this could extend production into 2019, pushing back the time needed to retool the plant for the Grand Wagoneer.
      Source: Automotive News (Subscription Required)

      View full article
    • By William Maley
      Since 2014, Fiat Chrysler Automobiles CEO Sergio Marchionne proclaimed that Jeep needed a three-row luxury SUV to better compete with the likes of the Cadillac Escalade and Lincoln Navigator. But this SUV, known as the Grand Wagoneer hasn't materialized. Numerous delays and debates about the design has caused the launch to be pushed time and time again. These delays have a number of dealers concerned that Jeep may miss its opportunity with this new model.
      "I think our window of opportunity is closing. We could have killed with [the Grand Wagoneer] if it had been available when they first told us about it, but it's a much tougher sell with interest rates and gas prices going up," said an unnamed FCA dealer to Automotive News.
      John Murphy, research analyst at Bank of America Merrill Lynch said last week at a meeting of the Automotive Press Association that the "Goldilocks" era in auto retailing was coming to a close. Murphy said the next five years would be tough on auto sales due to a number of factors, especially for those trying to sell high-end models.
      Higher interest rates Increasing gas prices Raw materials becoming more expensive Increasing competition in the light-truck sector The current plan is to launch the Grand Wagoneer in 2019, but production could be pushed back till late in the year or even into 2020. This is due to FCA's plan to keep building the current Ram 1500 at their Warren Truck Plant until the end of year. But depending on demand, this could extend production into 2019, pushing back the time needed to retool the plant for the Grand Wagoneer.
      Source: Automotive News (Subscription Required)
    • By William Maley
      Volvo Cars of North America, LLC - Up 50.6% (9,338 Vehicles Sold This Month, 37,754 Vehicles Sold This Year)
      Mitsubishi Motors North America - Up 31.7% (12,416 Vehicles Sold This Month, 56,178 Vehicles Sold This Year)
      Jaguar Land Rover North America - Up 16.8% (9,469 Vehicles Sold This Month, 50,231 Vehicles Sold This Year)
      Mazda North American Operations - Up 15.1% (29,980 Vehicles Sold This Month, 137,031 Vehicles Sold This Year)
      FCA US LLC - Up 11% (214,294 Vehicles Sold This Month, 913,212 Vehicles Sold This Year)
      Hyundai Motor America - Up 10.1% (66,056 Vehicles Sold This Month, 270,996 Vehicles Sold This Year)
      Subaru of America, Inc. - Up 7.2% (60,146 Vehicles Sold This Month, 263,019 Vehicles Sold This Year)
      Porsche Cars North America, Inc. - Up 4.2% (5,005 Vehicles Sold This Month, 24,529 Vehicles Sold This Year)
      Volkswagen of America - Up 4% (31,211 Vehicles Sold This Month, 143,957 Vehicles Sold This Year)
      BMW Group U.S. - Up 3.4% (30,888 Vehicles Sold This Month, 142,469 Vehicles Sold This Year)
      American Honda Motor Co. - Up 3.1% (153,069 Vehicles Sold This Month, 641,261 Vehicles Sold This Year)
      Kia Motors America - Up 1.6% (59,462 Vehicles Sold This Month, 236,992 Vehicles Sold This Year)
      Ford Motor Company - Up 0.7% (242,824 Vehicles Sold This Month, 1,047,056 Vehicles Sold This Year)
      Audi of America - Up 0.6% (19,315 Vehicles Sold This Month, 88,471 Vehicles Sold This Year)
      Mercedes-Benz USA - Down 0.3% (30,187 Vehicles Sold This Month, 147,283 Vehicles Sold This Year)
      Toyota Motor North America - Down 1.3% (215,321 Vehicles Sold This Month, 979,710 Vehicles Sold This Year)
      Nissan North America - Down 4.1% (131,832 Vehicles Sold This Month, 635,599 Vehicles Sold This Year)

      Brands:
      Acura - Down 8% (12,819 Vehicles Sold This Month, 58,121 Vehicles Sold This Year)
      Alfa Romeo - Up 4% (2,377 Vehicles Sold This Month, 10,016 Vehicles Sold This Year)
      Audi - Up 0.6% (19,315 Vehicles Sold This Month, 88,471 Vehicles Sold This Year)
      BMW - Up 3.3% (26,662 Vehicles Sold This Month, 123,979 Vehicles Sold This Year)
      Chrysler - Down 18% (14,724 Vehicles Sold This Month, 75,146 Vehicles Sold This Year)
      Dodge - Up 4% (46,581 Vehicles Sold This Month, 204,546 Vehicles Sold This Year)
      Fiat - Down 46% (1,441 Vehicles Sold This Month, 6,859 Vehicles Sold This Year)
      Ford - Up 1% (233,069 Vehicles Sold This Month, 1,006,321 Vehicles Sold This Year)
      Genesis - Down 38.6% (1,076 Vehicles Sold This Month, 6,466 Vehicles Sold This Year)
      Honda - Up 4.3% (140,250 Vehicles Sold This Month, 583,140 Vehicles Sold This Year)
      Hyundai - Up 11.5% (64,980 Vehicles Sold This Month, 264,530 Vehicles Sold This Year)
      Infiniti - Down 7.1% (11,625 Vehicles Sold This Month, 61,472 Vehicles Sold This Year)
      Jaguar - Down 24% (2,366 Vehicles Sold This Month, 12,434 Vehicles Sold This Year)
      Jeep - Up 29% (97,287 Vehicles Sold This Month, 408,033 Vehicles Sold This Year)
      Kia - Up 1.6% (59,462 Vehicles Sold This Month, 236,992 Vehicles Sold This Year)
      Land Rover - Up 42.3% (7,103 Vehicles Sold This Month, 37,797 Vehicles Sold This Year)
      Lexus - Down 0.1% (25,391 Vehicles Sold This Month, 111,250 Vehicles Sold This Year)
      Lincoln - Down 5.2% (9,755 Vehicles Sold This Month, 40,735 Vehicles Sold This Year)
      Mazda - Up 15.1% (29,980 Vehicles Sold This Month, 137,031 Vehicles Sold This Year)
      Mercedes-Benz - Up 0.3% (26,976 Vehicles Sold This Month, 132,657 Vehicles Sold This Year)
      Mercedes-Benz Vans - Up 1.1% (3,101 Vehicles Sold This Month, 14,102 Vehicles Sold This Year)
      MINI - Up 4% (4,226 Vehicles Sold This Month, 18,490 Vehicles Sold This Year)
      Mitsubishi - Up 31.7% (12,416 Vehicles Sold This Month, 56,178 Vehicles Sold This Year)
      Nissan - Down 3.8% (120,207 Vehicles Sold This Month, 574,127 Vehicles Sold This Year)
      Porsche - Up 4.2% (5,005 Vehicles Sold This Month, 24,529 Vehicles Sold This Year)
      Ram Trucks - Up 2% (51,884 Vehicles Sold This Month, 208,612 Vehicles Sold This Year)
      Smart - Down 66.8% (110 Vehicles Sold This Month, 524 Vehicles Sold This Year)
      Subaru - Up 7.2% (60,146 Vehicles Sold This Month, 263,019 Vehicles Sold This Year)
      Toyota - Down 1.5% (189,930 Vehicles Sold This Month, 868,460 Vehicles Sold This Year)
      Volkswagen - Up 4% (31,211 Vehicles Sold This Month, 143,957 Vehicles Sold This Year)
      Volvo - Up 50.6% (9,338 Vehicles Sold This Month, 37,754 Vehicles Sold This Year)

      View full article
    • By William Maley
      Volvo Cars of North America, LLC - Up 50.6% (9,338 Vehicles Sold This Month, 37,754 Vehicles Sold This Year)
      Mitsubishi Motors North America - Up 31.7% (12,416 Vehicles Sold This Month, 56,178 Vehicles Sold This Year)
      Jaguar Land Rover North America - Up 16.8% (9,469 Vehicles Sold This Month, 50,231 Vehicles Sold This Year)
      Mazda North American Operations - Up 15.1% (29,980 Vehicles Sold This Month, 137,031 Vehicles Sold This Year)
      FCA US LLC - Up 11% (214,294 Vehicles Sold This Month, 913,212 Vehicles Sold This Year)
      Hyundai Motor America - Up 10.1% (66,056 Vehicles Sold This Month, 270,996 Vehicles Sold This Year)
      Subaru of America, Inc. - Up 7.2% (60,146 Vehicles Sold This Month, 263,019 Vehicles Sold This Year)
      Porsche Cars North America, Inc. - Up 4.2% (5,005 Vehicles Sold This Month, 24,529 Vehicles Sold This Year)
      Volkswagen of America - Up 4% (31,211 Vehicles Sold This Month, 143,957 Vehicles Sold This Year)
      BMW Group U.S. - Up 3.4% (30,888 Vehicles Sold This Month, 142,469 Vehicles Sold This Year)
      American Honda Motor Co. - Up 3.1% (153,069 Vehicles Sold This Month, 641,261 Vehicles Sold This Year)
      Kia Motors America - Up 1.6% (59,462 Vehicles Sold This Month, 236,992 Vehicles Sold This Year)
      Ford Motor Company - Up 0.7% (242,824 Vehicles Sold This Month, 1,047,056 Vehicles Sold This Year)
      Audi of America - Up 0.6% (19,315 Vehicles Sold This Month, 88,471 Vehicles Sold This Year)
      Mercedes-Benz USA - Down 0.3% (30,187 Vehicles Sold This Month, 147,283 Vehicles Sold This Year)
      Toyota Motor North America - Down 1.3% (215,321 Vehicles Sold This Month, 979,710 Vehicles Sold This Year)
      Nissan North America - Down 4.1% (131,832 Vehicles Sold This Month, 635,599 Vehicles Sold This Year)

      Brands:
      Acura - Down 8% (12,819 Vehicles Sold This Month, 58,121 Vehicles Sold This Year)
      Alfa Romeo - Up 4% (2,377 Vehicles Sold This Month, 10,016 Vehicles Sold This Year)
      Audi - Up 0.6% (19,315 Vehicles Sold This Month, 88,471 Vehicles Sold This Year)
      BMW - Up 3.3% (26,662 Vehicles Sold This Month, 123,979 Vehicles Sold This Year)
      Chrysler - Down 18% (14,724 Vehicles Sold This Month, 75,146 Vehicles Sold This Year)
      Dodge - Up 4% (46,581 Vehicles Sold This Month, 204,546 Vehicles Sold This Year)
      Fiat - Down 46% (1,441 Vehicles Sold This Month, 6,859 Vehicles Sold This Year)
      Ford - Up 1% (233,069 Vehicles Sold This Month, 1,006,321 Vehicles Sold This Year)
      Genesis - Down 38.6% (1,076 Vehicles Sold This Month, 6,466 Vehicles Sold This Year)
      Honda - Up 4.3% (140,250 Vehicles Sold This Month, 583,140 Vehicles Sold This Year)
      Hyundai - Up 11.5% (64,980 Vehicles Sold This Month, 264,530 Vehicles Sold This Year)
      Infiniti - Down 7.1% (11,625 Vehicles Sold This Month, 61,472 Vehicles Sold This Year)
      Jaguar - Down 24% (2,366 Vehicles Sold This Month, 12,434 Vehicles Sold This Year)
      Jeep - Up 29% (97,287 Vehicles Sold This Month, 408,033 Vehicles Sold This Year)
      Kia - Up 1.6% (59,462 Vehicles Sold This Month, 236,992 Vehicles Sold This Year)
      Land Rover - Up 42.3% (7,103 Vehicles Sold This Month, 37,797 Vehicles Sold This Year)
      Lexus - Down 0.1% (25,391 Vehicles Sold This Month, 111,250 Vehicles Sold This Year)
      Lincoln - Down 5.2% (9,755 Vehicles Sold This Month, 40,735 Vehicles Sold This Year)
      Mazda - Up 15.1% (29,980 Vehicles Sold This Month, 137,031 Vehicles Sold This Year)
      Mercedes-Benz - Up 0.3% (26,976 Vehicles Sold This Month, 132,657 Vehicles Sold This Year)
      Mercedes-Benz Vans - Up 1.1% (3,101 Vehicles Sold This Month, 14,102 Vehicles Sold This Year)
      MINI - Up 4% (4,226 Vehicles Sold This Month, 18,490 Vehicles Sold This Year)
      Mitsubishi - Up 31.7% (12,416 Vehicles Sold This Month, 56,178 Vehicles Sold This Year)
      Nissan - Down 3.8% (120,207 Vehicles Sold This Month, 574,127 Vehicles Sold This Year)
      Porsche - Up 4.2% (5,005 Vehicles Sold This Month, 24,529 Vehicles Sold This Year)
      Ram Trucks - Up 2% (51,884 Vehicles Sold This Month, 208,612 Vehicles Sold This Year)
      Smart - Down 66.8% (110 Vehicles Sold This Month, 524 Vehicles Sold This Year)
      Subaru - Up 7.2% (60,146 Vehicles Sold This Month, 263,019 Vehicles Sold This Year)
      Toyota - Down 1.5% (189,930 Vehicles Sold This Month, 868,460 Vehicles Sold This Year)
      Volkswagen - Up 4% (31,211 Vehicles Sold This Month, 143,957 Vehicles Sold This Year)
      Volvo - Up 50.6% (9,338 Vehicles Sold This Month, 37,754 Vehicles Sold This Year)
  • My Clubs

  • Recently Browsing

    No registered users viewing this page.

  • Reader Rides

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.