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Sunday, July 23, 2017

Deja Vu

From the New York Times -

BMW Denies Colluding With Carmakers on Emissions Equipment
By JACK EWING

FRANKFURT — BMW, responding on Sunday to claims it formed a cartel with Daimler and Volkswagen to hold down the prices of crucial technology, denied that the German carmakers had agreed among themselves to install emissions equipment that was inadequate to do the job.

The statement by BMW was the first attempt at damage control by the carmakers since the European Commission said on Saturday that it was investigating accusations of illegal collusion among them.

https://www.nytimes.com/2017/07/23/business/bmw-denies-colluding-with-carmakers-on-emissions-equipment.html?emc=eta1&_r=0

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