General Motors sues Fiat, alleging it bribed union leaders

  • 📰 latimes
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 82%

United States Headlines News

United States Latest News,United States Headlines

General Motors is suing Fiat Chrysler, alleging that its rival got an unfair business advantage by bribing officials of the United Auto Workers union.

General Motors is suing Fiat Chrysler, alleging that its crosstown rival got an unfair business advantage by bribing officials of the United Auto Workers union.

The lawsuit alleges that Fiat Chrysler corrupted the bargaining process with the UAW in the 2009, 2011 and 2015 union contracts to gain advantages over General Motors.Craig Glidden, GM’s chief counsel, alleged that Fiat Chrysler Chief Executive Sergio Marchionne, who died last year, was a “central figure” in the conspiracy, which was designed to put GM at a cost disadvantage to Fiat Chrysler, or FCA.

“Many of the advantages FCA was able to obtain were denied to GM. That was part of the conspiracy,” Glidden said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

General Motors Files Racketeering Lawsuit Against Fiat ChryslerGeneral Motors filed a federal racketeering lawsuit against Fiat Chrysler Automobiles and a handful of former executives at the Italian-American auto maker.
Source: WSJ - 🏆 98. / 63 Read more »

GM sues Fiat Chrysler alleging bribery scheme in union negotiationsGeneral Motors filed a federal racketeering lawsuit against Fiat Chrysler and its former executives on Wednesday, accusing the automaker of bribing United Auto Workers officials to receive more favorable terms in labor negotiations.
Source: CNBC - 🏆 12. / 72 Read more »

General Motors Files Racketeering Lawsuit Against Fiat ChryslerGeneral Motors filed a federal racketeering lawsuit against Fiat Chrysler Automobiles and a handful of former executives at the Italian-American auto maker.
Source: WSJ - 🏆 98. / 63 Read more »

California sues e-cigarette maker Juul for selling nicotine products to youthThe state of California on Monday sued e-cigarette maker Juul Labs Inc, alleging...
Source: Reuters - 🏆 2. / 97 Read more »

GM not liable for punitive damages in ignition switch cases: U.S. appeals courtA federal appeals court said General Motors Co is not liable for punitive damage...
Source: Reuters - 🏆 2. / 97 Read more »