Report
Richard Hilgert
EUR 100.00 For Business Accounts Only

EC Charges BMW, Daimler, and Volkswagen with Collusion on Emissions Technology; No FVE Changes

The European Commission has issued a "Statement of Objection" informing BMW, Daimler, and Volkswagen of its preliminary collusion findings. The EC said that, "…BMW, Daimler and VW participated in a collusive scheme, in breach of EU competition rules, to limit the development and roll-out of emission cleaning technology for new diesel and petrol passenger cars sold in the European Economic Area (EEA)" and that the, "three car manufacturers now have the opportunity to respond to our findings." We ...
Underlying
BAYERISCHE MOTOREN WERKE

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Richard Hilgert

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