Fiat Chrysler calls GM’s bribery allegations ‘preposterous’

DETROIT (AP) — Fiat Chrysler Automobiles is calling bribery allegations by General Motors “preposterous” and from a “third-rate spy movie.” GM alleged in court papers last week that FCA used foreign bank accounts to bribe union officials so they would stick GM with higher labor costs. In court papers filed Monday, the Italian-American automaker said GM’s charges are “defamatory and baseless.” GM alleged in a court filing last week that FCA spent millions on bribes by stashing the money in foreign accounts. The allegations were made in a motion asking a federal judge to reconsider his dismissal of a federal lawsuit against Fiat Chrysler.