United States: Fiat Chrysler asks judge to deny GM request to reopen racketeering case

Fiat Chrysler Automobiles NV (FCA) on Monday asked a U.S. federal judge to dismiss a request from General Motors Co to reinstate a racketeering lawsuit against its smaller rival, comparing a recent GM filing to a “third-rate spy movie, full of preposterous allegations.”

Last week, No. 1 U.S. automaker GM asked U.S. District Judge Paul Borman to reopen the case, claiming it had new information on foreign accounts used in an alleged bribery scheme involving FCA and leaders of the United Auto Workers (UAW) union.

When it first filed its lawsuit last year, GM alleged that FCA bribed UAW officials over many years to corrupt the collective bargaining process and gain advantages, costing GM billions of dollars. GM was seeking “substantial damages” that one analyst said could have totaled at least $6 billion.

The original full article can be found at uk.reuters.com

(Picture: Automotive News Europe)

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