Fraud at Procar rental company uncovered

An investigative tv programme on Rúv national television, Kveikur, uncovered fraud this week by car rental company Procar. Procar was cllocking’ cars to take their mileage down between 2011 until 2016. 

Procar then sold many rental cars in Iceland for better prices than they would normally have been sold at due to the fake mileage. 

Guide to Iceland travel services, one of the biggest travel agencies in Iceland,  have now annuled their contract with Procar, confirms 

Procar have been expelled from the Iceland Tourist Association. 

The company has so far only admitted that one employee clocked cars between 2013 to 2015 and that this was entirely at his own initiative. Kveikur holds data, provided by a former Procar employee, that comes directly from the company’s computer system. This indicates that senior managers were aware of the fraud. 




-1 °C

Light rain

Later today

0 °C



1 °C

Exchange rates

USD USD 119.21 EUR EUR 134.90
GBP GBP 156.68 DKK DKK 18.08
NOK NOK 14.00 SEK SEK 12.89
CHF CHF 119.78 JPY JPY 1.08
ISK price of selected currencies, according to the official exchange rate of the Central Bank of Iceland. Updated daily.