Cartel Scandal: Big Automakers Hit with Huge Fines
European Commission Slaps $490 Million Fine on car Manufacturers for Recycling Cartel Brussels, April 1, 2025 – Fifteen major car manufacturers, including Volkswagen and Stellantis, have been hit with a combined fine of €458 million (approximately $490 million USD) by the European commission for colluding to stifle competition in the recycling of end-of-life vehicles. The … Read more