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Aumovio, BMW Reach Settlement on Past Warranty Case

MT Newswires·07/31/2026 02:01:30
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02:01 AM EDT, 07/31/2026 (MT Newswires) -- Aumovio (AMV0.F) and BMW (BMW.F) resolved a legal dispute involving a past warranty case related to an integrated brake system. As part of the settlement, automotive technology company Aumovio will pay 350 million euros to automaker BMW in two installments in the third and fourth quarters, according to a Thursday release.