September 29, 2022

AndronETalksNews

AndronETalksNews

EU fines German car makers €875 million for colluding on car emission control systems

Euronews.

July 8, 2021

The European Commission has slapped two of Germany’s largest carmakers – Volkswagen and BMW – with a fine of more than €875 million, accusing the companies of forming a cartel and illegally colluding to restrict competition in emission-cleaning technology for diesel cars.

The Volkswagen group, which includes Volkswagen, Audi and Porsche, agreed to pay €502,362,000, while BMW settled for €372,827,000.

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