Germany's DAX Falls to Lowest This Year as Emission Woes Spread
- BMW slides after report X3 model exceeded pollution limits
- Miners Retreat as Goldman Sachs forecasts slump in copper
European Stocks Fall to Lowest Level Since January
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The fallout from Volkswagen AG’s emissions-cheating scandal spurred a selloff in shares that dragged Germany’s DAX Index to its lowest level of the year.
BMW AG dropped 5.2 percent as Autobild reported that diesel emissions from an X3 model exceeded European Union limits by as much as 11 times in a real-world road test. That helped push a regional gauge of automakers to its lowest level since November.