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09-24-2020, 06:44 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Government/Legal (https://www.autoblog.com/category/government-legal/),BMW (https://www.autoblog.com/bmw)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-06/97c71910-b210-11ea-b7e5-407e95e75184 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.Continue reading BMW fined $18 million for inflating monthly U.S. sales figures (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 (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 24 Sep 2020 19:55:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/) | Email this (https://www.autoblog.com/forward/2266486/) | Comments (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/#comments)
More... (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-06/97c71910-b210-11ea-b7e5-407e95e75184 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.Continue reading BMW fined $18 million for inflating monthly U.S. sales figures (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 (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 24 Sep 2020 19:55:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/) | Email this (https://www.autoblog.com/forward/2266486/) | Comments (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/#comments)
More... (https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/)