Picture of Bayerische Motoren Werke Aktiengesellschaft logo

BMW — Bayerische Motoren Werke Aktiengesellschaft News Story

0.000.00%
de flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapValue Trap

Volkswagen praises Franco-German proposal to soften EU emissions rules

Volkswagen praises Franco-German proposal to soften EU emissions rules

- Volkswagen VOWG_p.DE welcomed a deal struck between France and Germany on Friday seeking to soften EU car emissions rules, calling it a "strong signal" that shows responsibility to the automotive industry, in a statement on Friday.

"The joint position of Germany and France ... sends a strong signal to Europe and demonstrates its ability to take action," a Volkswagen spokesperson said.

While still assessing the full details, Volkswagen saw "meaningful flexibilities" that will "help the automotive industry make its contribution to climate protection without jeopardizing its competitiveness", the spokesperson added.


(Reporting by Rachel More
Editing by Linda Pasquini)

((rachel.more@thomsonreuters.com;))

Recent news on Bayerische Motoren Werke Aktiengesellschaft

See all news