Fiat Chrysler disagrees with Italy tax agency on underestimating U.S. business

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo - Copyright Rebecca Cook(Reuters)

By Reuters

Published on 05/12/2019 - 10:04•Updated 11/05/2024 - 05:41

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MILAN (Reuters) - Fiat Chrysler Automobiles <FCHA.MI> said on Thursday it strongly disagreed with a tax authority claim that it had underestimated the value of its U.S. business following its acquisition of Chrysler.

"We are confident we will successfully make the case for a material reduction in the assessment," a FCA spokesperson said.