U.S. investigating GM and Chrysler for illegal activity in dealer cuts
By Andrew, 16 Oct, 2010. 0 Comments
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A follow-up investigation has been started to determine if there were illegal activities committed in the handling of the terminations of about 2,300 General Motors and Chrysler dealerships in the US. The probe is being conducted by the federal inspectors that criticized the Obama administration and these carmakers. Kris Belisle, the spokeswoman of the Office of the Special Inspector General for the Troubled Asset Relief Program, declined to reveal who its targets are or which specific actions are being probed. In an e-mail, Belisle said that auditor files used in making a July report on dealer terminations during the automakers' bankruptcies have been sent to the office's investigators. She said, “Generically, we can investigate any offense.” The audit made in July had studied the role of the administration's auto task force in the dealer cuts and the procedures used by GM and Chrysler to determine which dealers to terminate. [via autonews - sub. required]
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