Volvo Group has made a €400m (£317m) provision after being notified by the European Commission (EC) that it is suspected of involvement in a cartel, along with several other heavy- and medium-duty truck manufacturers. Last month the EC informed a number of truck manufacturers that it suspected them of being involved in anti-competitive behaviour, via a formal notification known as a Statement of Objections, voicing concerns they may have agreed or co-ordinated their pricing behaviour. The manufacturers will have the […]
Argos will put five new ultra-low-emission Scania P340s into service by the end of the year.
The FTA has called on the UK government not to act upon Prime Minister Theresa May’s previous promise to take “no deal rather than a bad deal”, as Brexit negotiations formally begin today (19 June).
Mercedes-Benz and three of its commercial vehicle dealers – Ciceley, Road Range and Enza – have admitted infringing competition law and agreed to pay settlements totalling £2.6m, the Office of Fair Trading (OFT) has revealed.