SEC fines Fiat Chrysler for paying dealers to inflate sales numbers

Fiat Chrysler Automobiles NV agreed to pay a  $40 million penalty related to years of sales reports the US Securities  and Exchange Commission said were fraudulent.  The Italian-American automaker issued statements that misled  investors by wrongly claiming a years-long streak of monthly gains. Fiat Chrysler inflated results by paying dealers to  report fake sales.