Renault, Fiat Chrysler Shares Plummet Amid Latest Car "Scandal" – ValueWalk Premium

Renault, Fiat Chrysler Shares Plummet Amid Latest Car "Scandal"

Fiat Chrysler Automobiles shares dived by over 10% in Milan on Thursday following reports which accused the giant car maker of inflating its U.S. sales figure. Meanwhile, French car maker Renault shares also plunged, falling by over 20% after police raids on several of its factories in connection with a probe into an alleged emission scandal.
Fiat accused of conspiring to inflate U.S. sales
In a lawsuit filed Tuesday by two dealerships in the Napleton Automotive Group, it was alleged . . .

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