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European Union fined 15 major car manufacturers on vehicle recycling cartel $ 495 million

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European Union fined 15 major car manufacturers on vehicle recycling cartel $ 495 million

The European Commission on Tuesday imposed a 15 major car manufacturer and an industry group to attend a cartel on vehicle recycling.

The Commission said that manufacturers, including BMW, Ford, Jeep Maker Stellentis and Volkswagen, entered competitive agreements to avoid low consumer pressure to pay car digesters and recycle car dysellers.

The European Union chief Teresa Ribera announced the fine, saying in a statement, “We have taken firm action against companies that collided to stop competition on recycling.”

Cartel was detected by Mercedes-Benz, who had participated in it, but received immunity-and avoided 35 million-euro fines to cooperate with the authorities.

The Commission said the European Automobiles Manufacturers Association (ACEA), an industry lobby group, acted as a narrator, organized meetings and contacts between manufacturers.

All companies accepted their participation and agreed to settle the matter, said.

Under the Rules of the European Union, car owners should be able to dispose of old or damaged cars that are no longer fit for use with a disruptive without any cost, if necessary if necessary when lifting the bill with manufacturers.

Car buyers should also be informed about the “recycling performance” of new cars.

But it included companies involved, including Toyota, Suzuki, Volvo, Honda, Renault, Mitsubishi and Opal, coordinated to avoid paying the dilators, shared sensitive information on individual agreements.

According to the Commission, they did not agree to promote how much can be recycled, recovered and recycled and recycled materials in new cars.

“These car manufacturers coordinated for more than 15 years to avoid paying for recycling services,” Ribra said.

“We will not tolerate any kind of cartel, and it involves those who suppress customers awareness and demand more environmentally friendly products.”

(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)

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