BMW emissions results worse than VW, tests reveal

Shares in company drop 9% as results show BMW X3 xDrive exceeded emission limits on nitrogen oxides 11-fold

German luxury carmaker BMW has been dragged into the emissions testing scandal that has engulfed Volkswagen, with its shares falling sharply after a report that some of its diesel cars exceeded emissions standards.

Shares in BMW lost 9% after the report in German trade magazine Auto Bild. Other European carmakers were also down, with Daimler falling 5.6%, Fiat Chrysler shedding 5.2%, Peugeot 6.7% lower and Renault falling 3.7%. VW shares recovered slightly after steep falls in recent days, trading 1.4% higher.