Tag: Stellantis

€458 Million Penalty: The High Cost of Auto Industry Cartels

Posted on by Haptic

The Commission has fined 15 major car manufacturers and the European Automobiles Manufacturers’ Association (ACEA) a total of around €458 million for participating in a long-lasting cartel concerning end-of-life vehicle recycling. Mercedes-Benz was not fined, as it revealed the cartel to the Commission under the leniency programme. All companies admitted their involvement in the cartel and agreed to Read more about €458 Million Penalty: The High Cost of Auto Industry Cartels[…]

Transparency in the EV market: The impact of the Italian investigation

Posted on by Haptic

Italy’s Competition Authority Launches Probe Into EV Consumer Claims Italy’s antitrust watchdog has opened an investigation into four major automakers—Stellantis, Tesla, Volkswagen, and BYD—over concerns that their websites may be providing misleading information regarding electric vehicle (EV) performance, battery degradation, and warranty limitations. The probe, announced by Italy’s competition authority, centers on the clarity and Read more about Transparency in the EV market: The impact of the Italian investigation[…]