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]

If you liked the article, share on:

Topics: bmw, sweden, sales

Comments

Recommended

It has been nearly eight years since Toyota entered a new era of sports cars when it officially unveiled the production version of the Toyota 86 – also known as...
by - February 27, 2019
The new Audi TT RS – yes, the top version of the German carmaker’s facelifted TT model series – is now officially here. If you could remember, the range-topping TT...
by - February 18, 2019
Nearly half a year ago when McLaren Automotive unveiled the McLaren 600LT Coupe, the British carmaker is now introducing a version that lets its passengers enjoy the thrill of an...
by - January 25, 2019
German carmaker Volkswagen is now making the latest evolution of the new Volkswagen Golf GTI -- the new Golf GTI TCR. First unveiled as a concept at the annual GTI...
by - January 24, 2019
It has been three and a half years since BMW unveiled the sixth generation of the BMW 7 Series. Thus, it is really about to give the 7 Series a...
by - January 17, 2019