BMW and Volkswagen are set to face reduced EU antitrust fines over clean air technology after regulators narrowed the scope of an investigation, a person familiar with the matter said.
BMW and Volkswagen are set to face reduced EU antitrust fines over clean air technology after regulators narrowed the scope of an investigation, a person familiar with the matter said.
A 10% levy will be placed on the first 100,000 British vehicles imported to the U.S. each year. The 10% tariff replaces the 25% levy vehicles have been subjected to since April 3.