bmw shares down nearly 10 on report of excessive diesel emissions
Last Updated : GMT 12:12:12
Arab Today, arab today
Arab Today, arab today

BMW shares down nearly 10% on report of excessive diesel emissions

Arab Today, arab today

Arab Today, arab today BMW shares down nearly 10% on report of excessive diesel emissions

Frankfurt stock exchange
Frankfurt - Arab Today

Shares in the top-of-the-range carmaker BMW fell nearly 10 percent on the Frankfurt stock exchange on Thursday on a newspaper report that one of its diesel models exceeded EU emission norms.

As the auto sector continued to reel from revelations that German giant Volkswagen was involved in a massive pollution cheating scandal, BMW shares tumbled 9.7 percent to an intraday low of 72.05 euros in late morning trade on a report in the weekly Auto Bild that emissions from one of its diesel models were 11 times higher than EU norms.

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bmw shares down nearly 10 on report of excessive diesel emissions bmw shares down nearly 10 on report of excessive diesel emissions

 



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