The reverberation of the Volkswagen tailpipe emissions scandal is still being felt across the industry, pulling other brands under the harsh light of scrutiny.
According to a report out from Germany's Auto Bild, the Nitrous Oxide (NOx) tailpipe emissions of BMW's X3 diesel compact crossover exceed European regulations. In fact, the car's respiratory-harming NOx emissions exceeded future Euro 6 emissions levels -- set to go into effect in 2017 -- by as much as 11 times.
The report is based upon tests performed in October, 2014, by the International Council on Clean Transport (ICCT), the independent nonprofit focused on clean energy that originally discovered VW's emissions cheating.
The Auto Bild report has sent the BMW stock down by 6.8%, according to Bloomberg, as investors fear a fate similar to VW's might befall BMW.
BMW quickly responded to the report saying, "The BMW Group does not manipulate or rig any emissions tests.” Adding, “We observe the legal requirements in each country.”