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Major automakers, including Volkswagen, Stellantis, and Renault-Nissan, were hit with hefty fines this week after European regulators uncovered a long-running cartel aimed at limiting competition in v ...
BRUSSELS (Reuters) -Volkswagen, Stellantis ... Mercedes-Benz avoided a fine for alerting the EU enforcer to the cartel. The ACEA was handed a 500,000 euro fine. All the carmakers admitted ...
On Monday, the European Commission — the executive body of the European Union — announced it has fined 15 car manufacturers for colluding and participating in what it described as "a long-lasting ...
Stellantis at 74.93 million and Ford at 41.46 million. Other penalised members of the cartel included Toyota , Mitsubishi, Honda, Hyundai , Jaguar Land Rover, Mazda, GM , Suzuki and Volvo.
BRUSSELS, April 1 (Reuters) - Volkswagen (VOWG.DE), opens new tab, Stellantis ... (MBGn.DE), opens new tab avoided a fine for alerting the EU enforcer to the cartel. The ACEA was handed a 500,000 ...
BRUSSELS (Reuters) -Volkswagen, Stellantis, 13 other carmakers and their car association were fined a total of 458 million euros ($495 million) by EU antitrust regulators on Tuesday for taking part in ...