The SEC is investigating whether BMW manipulated sales figures - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The SEC is investigating whether BMW manipulated sales figures

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The Securities and Exchange Commission has launched an investigation into BMW Group, the German car manufacturer confirmed Tuesday. "We can confirm that we have been contacted by the SEC and will cooperate fully with their investigation," a BMW spokesperson told Business Insider.

"We can confirm that we have been contacted by the SEC and will cooperate fully with their investigation," a BMW spokesperson told Business Insider.that it sold 25,440 vehicles, an increase of more than 9% from the same time a year earlier. The company's North American headquarters are in Woodcliff Lake, New Jersey.

In Europe, BMW faces separate scrutiny from regulators over alleged collusion to manipulate prices of emission-control technology.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Enjoy complimentary access to Business Insider Prime - Sign up today with no obligationsWe saw a lot in 2019, including Amazon's tax scandal, WeWork's downfall and Bloomberg's toxic culture to name a few. Read all the details with free access to Business Insider Prime (BIPrime) for a limited time. BIPrime BIPrime You are great
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple AirPods sales to soar and become third biggest product in 2021 - Business InsiderApple's AirPods sales could double in 2020. If that growth continues, it may become Apple's third biggest product in 2021. SamsungMobileSA J7pro
Source: BusinessInsider - 🏆 729. / 51 Read more »

The best industries and states to start a business in 2020 - Business InsiderRead Business Insider's exclusive analysis of the top 10 business categories and top 10 locations for entrepreneurs to grow in 2020.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How a 'finfluencer' with 18,000+ Instagram followers runs her business - Business InsiderA 30-year-old 'finfluencer' with over 18,000 Instagram followers explains how she went from $50,000 in debt to running her own personal finance business
Source: BusinessInsider - 🏆 729. / 51 Read more »