Germany’s cartel authority said it was fining BMW, Volkswagen Group and Daimler a total of 100 million euros for unlawful actions in relation to steel purchases. A report by DW says that from 2004 to…
Earlier this year BMW announced that it is under investigation for allegedly colluding with other German car makers, to trick emission tests in the EU. BMW has repeatedly said that there was nothing illegal going…
BMW’s first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 bln) legal…
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