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BMW denies cheating on diesel emissions

BMW denies cheating on diesel emissions

BMW, Daimler (the parent company of Mercedes-Benz), Volkswagen, Audi and Porsche were accused by the Der Spiegel magazine of illegally colluding together for decades on pricing and technology including emissions treatment systems used for diesel vehicles. Daimler AG's "workers are rightly horrified and angry" by antitrust allegations that emerged last week, and "there must obviously be consequences" if they're confirmed, Michael Brecht, head of that company's works council, said separately.

It reportedly received a letter by VW dated July 4th, 2016, conceding that about 200 employees from the various auto makers held meetings dating back to the 1990s to discuss vehicle development, brakes and engines.

A committee will be set up to measure the impact of updating diesel cars on individual communies and cities, with a view to averting bans of diesel engined cars, the sources said.

The European Commission and its German counterpart were tipped off about the possible cartel, the EU competition authority said.

The company said it combined AdBlue fluid to neutralise pollutants as also a system that stored nitrogen-oxide emissions. The German cartel office, or Bundeskartellamt, said in a statement Friday that it searched the vehicle companies previous year as part of a probe into a possible steel cartel. Germany's Federal Cartel Office has yet to comment on the report.

Daimler announced on Tuesday that it would modify three million Mercedes vehicles in Europe to reduce their diesel emissions. It goes on to say that the companies chose to avoid expensive larger tanks and instead fit smaller ones that aren't able to clean exhaust gases sufficiently. The commission said it would be "premature to speculate further".

Oil prices tick up ahead of Opec and non-Opec production meeting
For example, OPEC's production fell by 920,000 barrels a day from October to June, according to the International Energy Agency. Brent crude futures for July were up 39 cents, or 0.8 percent, at $51.15 a barrel by 0552 GMT, after trading higher earlier.

Mehbooba Mufti trashes Farooq Abdullah's talk about third party mediation
The Congress vice-president's statement is in stark contrast to the remarks on Kashmir made by his former ally Farooq Abdullah. BJP has not only rejected the suggestion , but has also condemned Abdullah for seeking third party intervention on Kashmir.

'Kuwait orders Iran envoy to leave'
There, security forces found weapons and explosives, believed to belong to infiltrators from Iran and Lebanon's Hezbollah. In August 2015, Kuwait said it had busted the 26-member cell and seized arms, ammunition and explosives from them.

Audi is to recall up to 850,000 of its vehicles to make improvements following a scandal over diesel emissions tests.

Daimler announced last Wednesday that it is investing €220m to recall and retrofit for free almost all of its Euro 5 and Euro 6 diesel cars sold in Europe - including around three million Mercedes-Benz cars - in order to "effectively improve the emissions".

According to Audi the move is meant to improve emissions in real-driving conditions "beyond current legal requirements".

Luxury auto maker Audi, a division of Volkswagen, said it would update engine software on up to 850,000 diesel-engine cars.

Some will say that there is no smoke without fire but for now, Is actually not concerned / investigated.

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