BMW to pay $18 million US fine to resolve inflated sales probe - The Time 2019

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Friday, September 25, 2020

BMW to pay $18 million US fine to resolve inflated sales probe

BMW to pay $18 million US fine to resolve inflated sales probe The U.S. Securities and Exchange Commission said from 2015 to 2019, BMW inflated reported U.S. retail sales, which helped BMW close the gap between actual retail sales volume and internal targets and "publicly maintain a leading retail sales position relative to other premium automotive companies."

from Moneycontrol World News https://ift.tt/3cxTKKW

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