News
Car Manufacturers Fined Millions For Forming Cartels
The car manufacturers and ACEA felt that recycling old vehicles was already profitable enough for the dismantling companies. That is why they did not want to give any extra compensation. The car manufacturers also shared the agreements they made with the dismantling companies.
The European consumer was also disadvantaged. For example, car companies tried to make recycling information about their cars difficult to access. They did this, for example, by not promoting how much of an end-of-life vehicle can be recycled. This made it more difficult for buyers to weigh up which car was more sustainable for the environment. The advantage for car manufacturers was that, due to the mutual agreements, they did not have to make their vehicles more recycling-friendly than was legally required.
All companies have admitted their involvement in the cartel and agreed to the fines imposed by the EC. Mercedes-Benz escapes the dance because this manufacturer revealed the cartel. Otherwise, the German brand would have had to pay a fine of around 35 million euros. Stellantis, Mitsubishi, and Ford also received a reduction because they cooperated with the commission’s investigation. Volkswagen pays the highest fine: more than 127 million euros.



-
News1 week agoCR7’s $40M Car Collection, Lamborghini Revuelto SV, Xiaomi SkyNomad Series, Genesis GV90, News In August
-
News5 days agoKaduna Governor Unveils 2026 Peugeot 3008 And 5008 SUVs, Urges Govt Patronage
-
Auto Sport7 days agoItalian GP: Lewis Hamilton Turns Heads With His Ferrari F40 — Why His “Dream” Car Is So Special
-
News1 week agoFerrari F40: Lewis Hamilton Acquires Childhood Dream Car After Selling Entire $30 Million Car Collection
-
Celebrities Auto1 week agoChinese President Xi Jinping’s Impressive Motorcade Turns Heads In Egypt
-
News1 week agoToyota Hit By Long Waiting Times As The RAV4 Still Hasn’t Gotten To Customers
-
News1 week agoTalented Ahmad: Meet 18-Year-Old Nigerian Creator Who Built Drivable G-Class SUV From Scratch
-
News5 days agoNo Steering Wheel, Brake Pedal: US Launches Probe Into Elon Musk’s ‘Cybercab’ Self-Driving Taxis
