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 ...

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 ...

Volkswagen received the largest fine of €127.69 million. Renault-Nissan was second with €81.46 million, and Stellantis third ... the company to reveal the cartel; otherwise, it would’ve ...

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 ...

The European Commission found 15 major OEMs guilty of running a cartel ... Union (EU) has unravelled yet another monumental scam in modern automotive history. The EU slapped a hefty fine amounting ...