Bmw investigated over blocking sales to Swiss residents

Article by Christian A., on October 26, 2010

According to the latest reports, it appears that Bmw is currently being investigated by the Swiss antitrust authorities for allegedly preventing vehicle sales to Swiss residents found in some European countries, such as Iceland, Liechtenstein and Norway.

Sources confirmed the fact that the Bavarian manufacturer blocked sales of Bmw and MINI brand vehicles to customers who are residents of Switzerland. Many of you may be asking why is Bmw doing this.

Well, first of all, Switzerland is not a member of the European Union. But, the main reason is that the Swiss franc gained than 9 percent against the euro this year, and this made Bmw vehicles more expensive in Switzerland.

The Swiss Competition Commission said that it is currently investigating this. “We have asked BMW for comment after we opened our inquiries yesterday,” Patrik Ducrey, a spokesman for the commission, said on Tuesday.

If found guilty, Bmw could face a maximum fine of 10 percent of group revenue generated in Switzerland, over the past three fiscal years. Still, the investigation could take the Swiss Competition Commission almost two years. The investigation was confirmed by a Bmw spokeman. [via autonews - sub. required]

Topics: bmw, sweden, sales

If you liked the article, share on:

Comments

Recommended

Mitsubishi finally introduces the new Xpander MPV at the 2017 Indonesia International Auto Show in Jakarta Indonesia. Replacing the previous Expander, the new multipurpose vehicle will be mostly sold at...
by - August 16, 2017
Infiniti revealed its retro Prototype 9 race car before its slated debut at 2017 Pebble Beach Concours d'Elegance next week. In a recent press release, the company not only disclosed...
by - August 16, 2017
In the United States, not many automakers offer crossovers with a diesel engine option, but Chevrolet does, with their 2018 Equinox. Those who opt for this engine will get some...
by - August 16, 2017
Here are some things that potential buyers of the Ford F-150 and Ford Expedition could look forward to for the 2018 model year. The 2018 models of the F-150 pickup...
by - August 15, 2017
We first saw the McLaren 720S earlier this year when it made its debut at the Geneva Motor Show, and we all agree that it is a beautiful car. But...
by - August 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries