EU antitrust proceedings: BMW believes penalty will be much lower than projected
BMW Group said they have reason to believe that the imposed penalty in the EU antitrust proceedings will be much lower than previously feared.
BMW Group said they have reason to believe that the imposed penalty in the EU antitrust proceedings will be much lower than previously feared.
The investigations of the prosecutors in Munich have no evidence of major misconduct of the car company. The authorities say that only 7600 vehicles are affected
German police raided BMW's headquarters in Munich on Tuesday as part of an investigation into suspected cheating on diesel emissions
Due to current media reports, the BMW Group considers it has become necessary to make its position regarding recent allegations clear.
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BMW faces charges in South Korea as the Government is pondering banning sales of a certain model that apparently reported fake emission numbers.
Germany's top manufacturers agreed to recall 630,000 vehicles to tweak diesel engine software technology blamed for causing high pollution.
In light of Volkswagen's diesel scandal, government agencies are looking into other brands' to check for emissions discrepancies, including BMW.
A notice of violation from the United States Environmental Protection Agency (EPA) was sent regarding the 2015 Porsche Cayenne Diesel.