EU Fines 15 Major Carmakers $495 Million Over Vehicle Recycling Cartel
Brussels: The European Commission on Tuesday fined 15 major carmakers and an industry group a total of about 458 million euros ($495 million) for taking part in a cartel over vehicle recycling. Manufacturers, including BMW, Ford, Jeep maker Stellantis and Volkswagen, entered into anti-competitive agreements to avoid paying car dismantlers and lower consumer pressure to … Read more