Car Auction Site That Misled Buyers Fined $10 Million

Volkswagen cars are parked in the forecourt of an inner city Volkswagen dealership in Sydney, Australia, on March 12, 2017. William West/AFP via Getty Images

Car auction website Grays Online has been fined $10 million (US$6.7 million) over deceptive car listings that left successful bidders out of pocket.

In the Federal Court on July 18, Justice John Nicholas ordered Grays eCommerce Group to pay the partial costs of the legal proceedings on top of the fine.