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After Volkswagen and Daimler were fined in the United States, BMW was also fined for fraudulent sales to deceive investors.

At the end of last year, the Securities and Exchange Commission (SEC) announced that it was investigating BMW's sales report because SEC found that BMW's sales data in the United States had been falsified. Phil DiIanni, a spokesman for BMW USA, also confirmed the official investigation and said BMW would cooperate fully with the investigation.

After nearly ten months of investigation, the results finally came out.

According to Fox News, a US Securities and Exchange Commission (SEC) investigation found that German carmaker BMW lied about its sales data and used misleading information to encourage investors to invest, and decided to impose a fine of $18 million (about 120 million yuan) on it.

Between 2015 and 2019, BMW North America LLC was accused of exaggerating US company sales to investors and using inflated sales information to raise a total of $18 billion in corporate bonds, the Securities and Exchange Commission said. the move violates the "anti-fraud" provisions of the US auto industry.

It is understood that in order to boost sales data, BMW North America requires dealers to register inventory vehicles as sold vehicles, and then convert them into second-hand cars and resell them to consumers, helping dealers complete their performance while helping BMW increase sales data. It has also helped BMW narrow the gap between actual retail sales and internal targets and maintain its lead over other competitors.

German carmakers have been fined in the United States after Volkswagen and Daimler were investigated and fined for being trapped in diesel doors.

In August 2020, Daimler said it had reached a nearly $3 billion (20.47 billion yuan) settlement with the United States to resolve civil investigations by U.S. regulators and lawsuits filed by car owners. The settlement resolved in principle civil and environmental claims related to 250000 diesel vehicles and trucks in the United States, including claims from the United States Environmental Protection Agency, the Department of Justice, the California Air Resources Commission and the California Attorney General's Office.

The "diesel door" incident of Volkswagen Group in the United States has a long history. In September 2015, Volkswagen was exposed by the US Environmental Protection Agency for fraud in diesel exhaust testing and accused Volkswagen of installing illegal software in its vehicles and deliberately circumventing US vehicle emission regulations. the actual pollutant emissions of some vehicles can be up to 40 times the legal standard.

Volkswagen finally pleaded guilty and reached a settlement agreement with the United States in 2016, under which Volkswagen Group bought back some of its diesel vehicles and had to pay a total of $25 billion in compensation / fines to car owners and environmental protection agencies. at the same time, $4.3 billion in criminal and civil fines were paid to the Justice Department. Based on the exposure of the incident, fines and lawsuits from Volkswagen from various countries continue.

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