German court rejects bid to ban Mercedes and BMW's fossil-fuel cars

Environmentalists suffered a setback on Monday when Germany's top appeals court threw out their cases seeking to ban Mercedes-Benz MBGn.DE and BMW BMWG.DE from selling new combustion-engine cars from November 2030.

• The federal court of justice in Karlsruhe upheld lower court rulings against the lawsuits, brought by three managing directors from the DUH environmental lobby

• The DUH had based its case on a "carbon budget" calculated for each of the two automakers

• But the court ruled that no such budget had been allocated to individual companies

-Reporting by Ursula Knapp and Rachel More, editing by Thomas Seythal/Reuters