Sina US stock news on the 24th. A BMW spokesperson said that the US Securities and Exchange Commission is investigating BMW.
The spokesperson said that BMW will fully cooperate with the US Securities and Exchange Commission's investigation.
According to reports, the US Securities and Exchange Commission's investigation focused on BMW's sales behavior and investigated the company's suspected sales crackdown.
BMW declined to respond further to the SEC investigation.
As of press release, BMW ADR fell 1.2%.