Reuters exclusively reports BMW, Volkswagen to face lowered EU fines over emissions collusion

Reuters exclusively reported that BMW and Volkswagen are set to face reduced EU antitrust fines over clean air technology after regulators narrowed the scope of an investigation. The European Commission, which charged the German carmakers in 2019 with colluding to block the rollout of clean emissions technology, is likely to issue fines before the summer break, a person familiar with the matter told Reuters.

Article Tags
Topics of Interest: AutomotiveEnvironment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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