BMW To Pay $18 Million U.S. Fine To Resolve Inflated Sales Probe

BMW AG and two U.S. subsidiaries agreed Thursday to pay an $18 million (£14.1 million) U.S. fine to resolve accusations that they disclosed misleading information about the German luxury automaker's retail sales volume in the United States while raising approximately $18 billion from investors in corporate bond offerings.

from Top Business News- News18.com
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