BMW and VW fined ~1 billion dollars

SabineBimmer · 07-09-2021, 07:39 PM

https://apnews.com/article/europe-te...a9045b18ae5f4b

RCP1 · 07-09-2021, 08:45 PM

Big fine! Although they have deep pockets and split 3 ways
won't bother their balance sheets too much.

SW19 · 07-09-2021, 09:04 PM

But they allow power plants in Europe to burn wood pellets and call it green energy.European Union is run by a bunch of idiots.

Fritzer · 08-05-2021, 12:09 AM

The article was somewhat vague in regards to what BMW actually did or is getting fined for specifically. Because it seems the majority of the allegations were not substantiated against them.

Tambohamilton · 08-05-2021, 01:33 AM

BMW did the same as VW on (some of) their 4cyl engines.

Tambohamilton · 08-05-2021, 01:35 AM

Quote:

Originally Posted by SW19

But they allow power plants in Europe to burn wood pellets and call it green energy.European Union is run by a bunch of idiots.

Agreed it's weird, but must point out there's distinction between renewable and 'green'.

Darth One · 08-05-2021, 09:41 AM

Quote:

Originally Posted by Tambohamilton

BMW did the same as VW on (some of) their 4cyl engines.

Quote:

Originally Posted by Fritzer

The article was somewhat vague in regards to what BMW actually did or is getting fined for specifically. Because it seems the majority of the allegations were not substantiated against them.

Quote:

Originally Posted by Tambohamilton

BMW did the same as VW on (some of) their 4cyl engines.

Agreeing with the other OEM's to not fit the best emissions tech available to them on their vehicles. Effectively, creating a cartel. It's unusual because usually cartels are punished for price fixing or non-competition in certain markets. Punishing companies for collectively not doing some kind of development seems like something of a landmark case.

It's not like Dieselgate, which was outright cheating the emissions tests.

There's not any evidence cited in the article, but you can be punished as part of a cartel simply by being at a meeting where the collusion is discussed. I rep my company at industry round tables and I've been told by our antitrust lawyer that if any talk of price or employee wage fixing ever comes up, not only do i need to leave the room, but have my departure noted for the record.

07-09-2021, 07:39 PM	#1
SabineBimmer Lieutenant 768 Rep 591 Posts Drives: 2009 e92 335i LBlue Met Join Date: May 2011 Location: East Lansing, Michigan iTrader: (0)	BMW and VW fined ~1 billion dollars https://apnews.com/article/europe-te...a9045b18ae5f4b
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07-09-2021, 08:45 PM	#2
RCP1 Registered 3 Rep 3 Posts Drives: Mini Cooper R56 Join Date: Jul 2021 Location: Coffs Harbour iTrader: (0)	Big fine! Although they have deep pockets and split 3 ways won't bother their balance sheets too much.
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07-09-2021, 09:04 PM	#3
SW19 Colonel 2599 Rep 2,778 Posts Drives: 2016 Alpine White M2 Join Date: Jan 2013 Location: Wimbledon iTrader: (0)	But they allow power plants in Europe to burn wood pellets and call it green energy.European Union is run by a bunch of idiots.
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08-05-2021, 12:09 AM	#4
Fritzer No one sleep in Tokyo 963 Rep 1,506 Posts Drives: 2011 E90 328i//1995 E34 530i Join Date: Oct 2018 Location: San Diego, California -> Austin, Texas iTrader: (3)	The article was somewhat vague in regards to what BMW actually did or is getting fined for specifically. Because it seems the majority of the allegations were not substantiated against them. __________________ 2011 E90 328i, 1995 E34 530i, 1992 E32 740i, 1991 E34 525i
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08-05-2021, 01:33 AM	#5
Tambohamilton Brigadier General 3189 Rep 4,085 Posts Drives: E91 330d Join Date: Apr 2019 Location: Herefordshire iTrader: (0)	BMW did the same as VW on (some of) their 4cyl engines.
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