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EU investigators searched BMW headquarters
(MENAFN) The company confessed that EU official had searched its head office, investigating an alleged alliance between 5 German car companies.
EU investigators are inspecting the claims that BMW, Prsche, VW, Daimler and Audi conspired to curb their expenses on emissions technology.
According to chief financial officer, the company has no plans right now to reserve money for possible fines.
The company wanted to clarify the difference between potential violations of EU antitrust law, and the illegal manipulation of exhaust productions which it contradicts.
EU investigators are inspecting the claims that BMW, Prsche, VW, Daimler and Audi conspired to curb their expenses on emissions technology.
According to chief financial officer, the company has no plans right now to reserve money for possible fines.
The company wanted to clarify the difference between potential violations of EU antitrust law, and the illegal manipulation of exhaust productions which it contradicts.
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