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

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
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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.