#EU fines Volkswagen, BMW  billion for emissions cartel

#EU fines Volkswagen, BMW $1 billion for emissions cartel

“#EU fines Volkswagen, BMW $1 billion for emissions cartel” The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to restrict pollution…

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# Ford, BMW back blockchain ‘birth certificates’ to combat used car fraud

# Ford, BMW back blockchain ‘birth certificates’ to combat used car fraud

“# Ford, BMW back blockchain ‘birth certificates’ to combat used car fraud ” The Mobility Open Blockchain Initiative, or MOBI, a non-profit consortium of the world’s top vehicle manufacturers including Ford and BMW, has launched an initiative to combat fraud in the secondhand markets with blockchain-powered “birth certificates.” The initiative will leverage blockchain to track…

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