- There's a donnybrook breaking out between Fiat Chrysler Automobiles (FCAU +0.3%) and Cummins (CMI +1.8%) over recall costs for 130K Ram trucks with emissions problems.
- Fiat filed a lawsuit to recover $60M in costs for repairs it made on the Cummins engines. Cummins countered with a suit of its own.
- The dispute is giving an inside look at some of the some of the costs automakers take on with large recalls.
- Cummins is higher today after Goldman Sachs weighed in.
- Previously: Caterpillar and Cummins log gains after being touched by Goldman (Oct. 11)