General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages over GM. GM said it will seek “substantial damages” from FCA, but did not specify an amount. FCA could not immediately be reached for comment. …read more
Source:: Yahoo Finance