Fiat Chrysler says Peugeot merger talks progressing despite GM lawsuit
21 November 2019 - 11:03
Frankfurt — Fiat Chrysler says its talks with Peugeot to create the fourth-largest carmaker are going well, despite a racketeering lawsuit filed by General Motors (GM) late on Wednesday, seeking “substantial damages”.
GM filed a lawsuit against Fiat Chrysler alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars...
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