BMW

BMW credit companies suffer huge penalties in Australia

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More than 15,000 customers of BMW Financial Services, Mini Financial Services and Alphera Financial Services are to be compensated for serious failures in the group's business practices, which caused genuine hardship in some cases, says the Australian regulator, ASIC. The scale of the Order is jaw dropping.

BIScom Subsection:

Consumer finance

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Rolls-Royce recalled over BMW components

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Rolls-Royce used to make just a few cars each month. Then BMW bought the company, moved production away from its home in Crewe and started what amounts, for the niche manufacturer, mass production. Now they want owners of almost 6,000 cars to bring them back as a global recall affects more than 350,000 BMW and Rolls-Royce cars that share a braking system.

CoNet Section:

Automotive Industry

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