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Car manufacturers fined £461m for collusion

  • The European Commission fined 15 car manufacturers approximately 458 million euros for forming a cartel to avoid recycling costs.
  • Manufacturers, including BMW, Ford, and Volkswagen, coordinated to suppress competition on recycling.
  • Mercedes-Benz received immunity from fines for revealing the cartel.
  • Volkswagen faced the largest fine of nearly 128 million euros.
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  • 43% of the sources are Center
43% Center
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U.S. News broke the news in New York, United States on Tuesday, April 1, 2025.
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