Archive: https://archive.is/2025.04.01-162021/https://www.ft.com/content/bd31d85a-7ccf-4598-9c01-bf0727f1398c

The EU antitrust watchdog has fined 15 large car manufacturers and the European Automobiles Manufacturers’ Association a total of €458mn for their role in a long-lasting cartel involving vehicle recycling.

Mercedes-Benz, which also participated, avoided a fine because it first alerted European regulators to the cartel in 2019.

Other companies involved included Volkswagen, Renault, Stellantis, BMW, Ford, Toyota, Honda, Hyundai, Jaguar Land Rover, Mazda, Mitsubishi, Suzuki, Opel and Volvo Cars, alongside the ACEA. All the companies admitted taking part and settled with the European Commission.