BMW fined $18 million for inflating monthly U.S. sales figures
 

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BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years. BMW disclosed the misleading information while raising about $18 billion in several corporate bond offerings, the agency said. The actions helped BMW maintain a leading retail sales position among other luxury automakers, the agency said.<p><a href="https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/" rel="bookmark">Continue reading <em>BMW fined $18 million for inflating monthly U.S. sales figures</em></a></p>
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<a href="https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/">BMW fined $18 million for inflating monthly U.S. sales figures</a> originally appeared on <a href="https://www.autoblog.com/">Autoblog</a> on Thu, 24 Sep 2020 19:55:00 EDT. Please see our <a href="/rss-term-of-use/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6>
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