German carmakers agree to diesel measures – Siemens lost $20 Billion deal with Saudi Arabia - US cannabis shares rise on Sessions resignation
For the first time, one of Germany's famed motorways has been affected by a diesel ban. German cities have instituted or are bracing for bans on older diesel cars after violating European clean air laws for years.
The two cities in western Germany are the latest to be ordered by a court to impose diesel vehicle bans. The German government is under pressure to get old, polluting vehicles off the roads.
Europe's biggest economy shrank 0.2 percent in the third quarter compared to the previous period. Economists are not worried and believe it is just a temporary slip.
Transport Minister Andreas Scheuer has announced that German car manufacturers have agreed to retrofit older diesel vehicles at their own cost. BMW, however, has refused to go along with the plan.
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