European Commission fines truck producers record €2.93B for colluding to pass on emission compliance costs
Green Car Congress
JULY 22, 2016
The European Commission found that truck makers MAN, Volvo/Renault, Daimler, Iveco, and DAF broke EU antitrust rules by colluding for 14 years on truck pricing and on passing on the costs of compliance with stricter emission rules. The Commission has imposed a record fine of €2,926,499,000 (US$3.22 Emissions standards compliance. 670,448,000.
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