Car firms fined for withholding recycling information
6 Articles
6 Articles
EU Fines 15 Major Carmakers $495 Million Over Vehicle Recycling Cartel
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 recycle more, the commission said. "We have taken firm action against companies that co…
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