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EU fines major German automakers over failure to deliver cleaner cars after Daimler rats on rivals

July 8th, 2021
Categories: News

Link: https://www.rt.com/business/528673-eu-fines-car-makers-emission/

European Union fined BMW, VW, Audi, and Porsche $1 billion for “cartel behavior” in conspiring to curb the development of clean-emissions technology, Daimler got a pass for informing on its co-conspirators.. EU antitrust chief Margrethe Vestager slapped German carmakers with the hefty fine, alleging that, even though the companies in question had the technology to cut harmful emissions, they deliberately avoided to compete on cleaning better.

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