Report: SEC Investigating BMW Over Sales Practices

The SEC is investigating BMW for potentially engaging in 'sales punching,' a practice where dealers falsely register cars as sold to inflate sales figures. BMW's U.S. sales have increased by over 10% since 2018. The company is cooperating with the SEC and is also facing European litigation for allegedly colluding with other German automakers to limit competition in emissions technology development.

What will BMW do in response to the SEC's investigation?

What is the nature of the litigation BMW is facing from European authorities?