EU to fine seat belt, airbag cartel, report saysNov. 16
The EU is set to fine a group of car seat belt and airbag makers in the coming weeks, Reuters reported, in the latest regulatory crackdown on price fixing in the sector.
EU to set 30% CO2 reduction target for automakers, push EV sales with creditsNov. 8
The European Commission is proposing a 30 percent CO2 emissions reduction target for new cars by 2030 with credits for zero and low emission vehicles.
BMW probe into cartel allegations needs more time, Krueger saysNov. 7
BMW has hired a law firm to help with an internal investigation of an alleged cartel among German carmakers and needs more time before any conclusions can be reached, CEO Harald Krueger said.
VW, FCA, others could face big fines for missing EU emissions targetsSept. 26
VW Group, Fiat Chrysler, PSA, BMW and Ford could be fined for falling short of the EU's 2021 regulatory target to reduce CO2 emissions from their new-car fleets.
Daimler’s Zetsche says migration to EVs should be left up to marketSept. 12
Daimler CEO Dieter Zetsche said the migration from combustion-engine cars to electric vehicles should be left up to the market rather than forced by quotas.
Aston Martin trying to mitigate Brexit risk with U.S. sales driveAug. 28
Aston Martin says it is trying to boost its market share in the U.S. and Japan to mitigate against any risks from Brexit, which could add costs and delays to sales to the EU.
Detroit 3 want Trump on offense over tradeAug. 6
The game plan: get U.S. negotiators to aggressively push other nations to accept U.S. safety and performance standards, alongside European Union or domestic standards.
Germany makes last-ditch play to save dieselAug. 2
The CEOs of VW, Daimler and BMW are meeting German politicians in Berlin as the country's auto industry seeks to salvage its beleaguered diesel technology and draw a line under an emissions scandal that shows no signs of abating.
EU investigates possible German emissions treatment systems cartelJuly 23
EU antitrust regulators are investigating allegations of a cartel among German automakers, a measure that could result in hefty fines for the companies.
EU said to examine possible emissions collusion by German automakersJuly 21
Germany's carmakers, Volkswagen, Daimler and BMW, may have colluded to fix the prices of diesel emissions treatment systems using industry committees, a German magazine reported.
EU, Japan hail trade deal as Trump rebukeJuly 7
EU and Japanese leaders endorsed a preliminary free-trade agreement as they seek to counter Donald Trump's protectionist stance. The pact will end Europe's 10% import duty on vehicles from Japan.
EU fines Automotive Lighting and Hella over cartel but Valeo escapes punishmentJune 21
The EU fined Automotive Lighting and Hella 27 million euros ($30.1 million) for operating a cartel. Valeo escaped a fine because it revealed the cartel's existence.