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BMW fined $18 million for inflating monthly U.S. sales figures
DETROIT — BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years.
The Securities and Exchange Commission said Thursday that the German luxury automaker kept a reserve of unreported sales that it drew on to meet monthly targets from 2015 to 2019.
Source: https://www.autoblog.com/2020/09/24/bmw-pays-18-million-fine-inflated-sales-figures/
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