BMW pays 373 million euros in fines to settle EU emissions investigation Reuters

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© Reuters. File photo: The BMW logo can be seen at the Los Angeles Auto Show in Los Angeles, California, USA on November 20, 2019. REUTERS/Lucy Nicholson/File Photo

MUNICH (Reuters)-BMW said on Thursday that it has agreed to a settlement agreement proposed by the European Commission to end the antitrust investigation, saying it has been ruled out of suspicion of using illegal “cheating devices” to defraud emission tests.

The automaker said it had paid a fine of 373 million euros ($441 million) for colluding to set standards for Adblue additives used in diesel vehicles, but other charges related to emissions technology were dropped.

The company said in a statement: “This highlights that the BMW Group has never had any allegations of illegally manipulating the emission control system.”

BMW said that the Adblue negotiations took place 10 years ago and “has no impact on the company’s product decisions.” (1 USD = 0.8458 Euro)

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