Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Presidency Defends $100,000 Financial Reward To Super Falcons

    July 29, 2025

    Ebonyi Governor Suspends 25 Commissioners, Aides For One Month

    July 29, 2025

    Tinubu Honours Victorious Super Falcons With Houses, Cash Gifts

    July 28, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Presidency Defends $100,000 Financial Reward To Super Falcons
    • Ebonyi Governor Suspends 25 Commissioners, Aides For One Month
    • Tinubu Honours Victorious Super Falcons With Houses, Cash Gifts
    • APC Members In Lagos Protest, Demand Removal Of State Chairman
    • Breaking: SDP Expels El-Rufai For 30 Years Over Alleged Forgery
    • Excitement As Big Brother Naija Season 10 Begins
    • Euro 2025: England Women Retain Trophy, Defeat Spain In Penalty Shootout
    • Ibori Congratulates Super Falcons On 10th WAFCON Title
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Tuesday, July 29
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » EU, UK Fine Car Giants €550 Million For Colluding On Vehicle Recycling
    3 Mins ReadApril 1, 2025

    EU, UK Fine Car Giants €550 Million For Colluding On Vehicle Recycling

    By Samuel AkpenpuunApril 1, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Antitrust authorities in the EU and Britain on Tuesday fined a cartel involving some of the world’s biggest carmakers about 550 million euros ($594 million) for preventing competition on vehicle recycling.

    The European Commission said 15 manufacturers, including BMW, Ford, Jeep maker Stellantis and Volkswagen, and an industry group colluded to avoid paying car dismantlers and lower consumer pressure to recycle more, the commission said.

    It fined the participants, who admitted their involvement and agreed to settle the case a total of about 458 million euros.

    “We have taken firm action against companies that colluded to prevent competition on recycling,” EU antitrust chief Teresa Ribera said in a statement.

    A parallel probe by Britain’s Competition and Markets Authority (CMA) reached similar conclusions, fining 10 companies and two trade bodies, more than £77 million ($99 million).

    The cartel was revealed by Mercedes-Benz, which participated in it but received immunity — and avoided hefty fines across both sides of the Channel — for cooperating with the authorities.

    The European Automobiles Manufacturers’ Association (ACEA), an industry lobby group, acted as facilitator, organising meetings and contacts between the manufacturers, the commission said.

    The group acknowledged that the infringement “should not have occurred” but said it “neither produced consumer harm nor reduced innovation.”

    “Manufacturers have continued to improve car recyclability and today, almost 90 percent of the parts and materials in cars scrapped in the EU are reused and recycled,” an ACEA spokesperson said.

    – ‘Buyers’ cartel’ –

    Under EU rules, car owners must be able to dispose off old or damaged cars that are no longer fit for use with a dismantler at no cost, with manufacturers picking up the bill if needed.

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

    But the companies involved, which also included Toyota, Suzuki, Volvo, Honda, Renault, Mitsubishi and Opel, coordinated to avoid paying dismantlers, sharing sensitive information on individual agreements.

    The behaviour, which also breached British competition rules, amounted to a “buyers’ cartel” as recycling firms were “unable to negotiate a price with manufacturers”, the CMA said.

    The carmakers also agreed not to promote how much of a vehicle could be recycled, recovered and reused and how much recycled material was used in new cars.

    “Their goal was to prevent consumers from considering recycling information when choosing a car, which could lower the pressure on companies to go beyond legal requirements,” the commission said.

    The infringements spanned from 2002 to 2017, it added.

    “These car manufacturers coordinated for over 15 years to avoid paying for recycling services,” Ribera said.

    “We will not tolerate cartels of any kind, and that includes those that suppress customer awareness and demand for more environmental-friendly products.”

    AFP

    Author

    • Samuel Akpenpuun
      Samuel Akpenpuun

      View all posts
    EU UK
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Samuel Akpenpuun

    Related Posts

    Breaking News

    Presidency Defends $100,000 Financial Reward To Super Falcons

    July 29, 2025
    Breaking News

    Ebonyi Governor Suspends 25 Commissioners, Aides For One Month

    July 29, 2025
    Breaking News

    Tinubu Honours Victorious Super Falcons With Houses, Cash Gifts

    July 28, 2025
    Breaking News

    Breaking: SDP Expels El-Rufai For 30 Years Over Alleged Forgery

    July 28, 2025
    Breaking News

    Euro 2025: England Women Retain Trophy, Defeat Spain In Penalty Shootout

    July 27, 2025
    Featured

    Ibori Congratulates Super Falcons On 10th WAFCON Title

    July 27, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Presidency Defends $100,000 Financial Reward To Super Falcons

    July 29, 2025

    Ebonyi Governor Suspends 25 Commissioners, Aides For One Month

    July 29, 2025

    Tinubu Honours Victorious Super Falcons With Houses, Cash Gifts

    July 28, 2025

    APC Members In Lagos Protest, Demand Removal Of State Chairman

    July 28, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.