BMW sets aside 70m for potential motor finance commission payouts as industry braces for billionsBMW sets aside over £70 million for potential compensation claims regarding controversial commission practices, reflecting heightened industry scrutiny and regulatory changes.
Moody's warns car finance scandal could cost lenders 30bnMis-sold motor finance could cost lenders up to £30 billion in compensation, drawing parallels to the PPI scandal.
BMW sets aside 70m for potential motor finance commission payouts as industry braces for billionsBMW sets aside over £70 million for potential compensation claims regarding controversial commission practices, reflecting heightened industry scrutiny and regulatory changes.
Moody's warns car finance scandal could cost lenders 30bnMis-sold motor finance could cost lenders up to £30 billion in compensation, drawing parallels to the PPI scandal.