BMW is being investigated by US SEC

BMW is being investigated by US SEC

BMW said it was being investigated by the U.S. Securities and Exchange Commission following a report of a probe related to the company’s sales practices, specifically whether the company is ’punching’ its sales. Sales ’punching’ can be when a dealer self-registers cars as loaners and later sells them as used with little mileage on them. It can assist dealers in hitting company targets.

Tom A
Tom A
Nomeacasoxlogin NACXL
Nomeacasoxlogin NACXL 5 months

Pretty much every official car dealer does that..

Wholly
Wholly 5 months

When a dealer has more "demo returns" than new perhaps something fishy is going on.

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