Published on August 4th, 2017 | by Daniel Sherman Fernandez0
BMW remains the only German car brand not being investigated for using illegal software to cheat emissions tests
In a recent statement, BMW has said: “BMW vehicles are not manipulated and comply with respective legal requirements”, adding, “The BMW Group categorically rejects accusations that Euro 6 vehicles sold by the company do not provide adequate exhaust gas treatment due to AdBlue tanks that are too small.”
BMW also said that its Euro 6 cars employ a NOx-storage catalytic converter alongside AdBlue injection, which means that it can reduce emissions using less AdBlue. Thus, the size of the AdBlue tank is dictated by requirements, and not by an agreement between manufacturers.
BMW currently sees no reason to issue a voluntary recall for diesel cars fitted with Euro 6 compliant engines, but has committed to an optional software upgrade for Euro 5 diesel cars at no cost to customers.
BMW reported a 7.5% increase in second-quarter earnings as sales of its new 5-series helped to offset slowing demand for luxury cars in the U.S.
Earnings before interest and taxes rose to 2.93 billion euros (USD3.47 billion) from 2.73 billion euros a year earlier, the company said Thursday in a statement.
BMW affirmed its guidance for a slight increase in full-year pretax profit and an operating margin of 8 percent to 10% at its automotive business, which posted a second-quarter margin of 9.7%, up from 9.5% a year earlier.
Deliveries of BMW, Mini and Rolls-Royce vehicles rose 4.6 percent to 633,582 cars in the second quarter. BMW forecast a “solid” increase in automotive segment revenue for the full year, predicting “additional momentum” in sales in the second half as the new 5 series is launched in China. Analysts welcomed BMW’s revised outlook for car sales, and the fact that the brand has new and exciting products in the pipeline for release very soon.