Truck manufacturers respond to €2.9bn cartel fine


Truck manufacturers have responded to the combined €2.9bn (£2.5bn) fine they were issued by the European Commission (EC) yesterday (19 July). Five manufacturers were hit with the largest fine the EC has ever imposed for a cartel after it found that they had colluded for 14 years on truck prices and the timing of, and passing on the costs of, the introduction of emissions technology. Mercedes-Benz parent Daimler, which was hit with a €1bn fine, said it regretted what had […]