BMW Sets Aside More Than £200M for UK Motor Finance Scandal

Date:

BMW Sets Aside More Than £200M for UK Motor Finance Scandal

BMW has set aside more than £200 million to deal with potential UK motor finance claims. David Cheskin/PA

BMW’s UK car finance business has set aside more than £200 million to cover the potential impact of the continued fallout from the car loan mis-selling scandal.

It is the latest car firm to reveal the potential cost of the motor finance scandal, with millions of drivers expected to be eligible for compensation claims.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Canadians Question Need for Proposed Alto High-Speed Rail: Federal Report

Martin Imbleau, president and CEO of Alto, takes part...

Hosting FIFA World Cup Cost Canada $232 Million for Security

Security costs for Canada’s FIFA World Cup matches totalled...

BCs Wildfire Situation Continues to Flare Up, With More Blazes and Evacuations

The Bradley Creek wildfire burns west of Vernon, B.C.,...

5 Dead, Dozens Missing After Indonesian Passenger Ferry Catches Fire

Smoke billows from passenger ship Mutiara Santosa 2 after...