The European Union has imposed a fine of 875 million euros on VW and BMW |  News from Germany about Europe |  >

The European Union has imposed a fine of 875 million euros on VW and BMW | News from Germany about Europe | >

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The European Union has imposed a fine of 875 million euros on VW and BMW |  News from Germany about Europe |  >

The European Commission has imposed multimillion-dollar fines in a cartel case against five German automakers. Volkswagen (VW) is due to pay 502 million euros and BMW 373 million euros, the regulator said in Brussels on Thursday, July 8.

All companies admitted to the collusion and agreed to an amicable settlement. The case concerned cartel agreements on technologies for cleaning the exhaust of diesel vehicles.

Daimler is completely exempt from paying the fine, since it was he who informed Brussels of the conspiracy. Otherwise, he would have to pay 727 million euros.

Cartel conspiracy

According to the European Commission, automakers regularly held meetings to discuss how to eliminate harmful NOx emissions by adding AdBlue. During these meetings, they agreed not to compete with each other in the purification of exhaust emissions above the statutory rate, despite the fact that the necessary technologies already existed.

Daimler, BMW, VW, Audi and Porsche had technologies to purify harmful emissions significantly better than EU regulations, said EU Competition Commissioner Margrethe Vestager, stressing that competition and innovation are critical to meeting Europe’s climate protection goals.

See also:

  • Volkswagen: the story of a fraud

    Exposure

    September 2015. The US Environmental Protection Agency (EPA) publishes a sensational investigation. At least half a million Volkswagen diesel vehicles are said to have software installed to circumvent standards. The emission of harmful substances exceeded the norm by almost 40 times. The carmaker faces a fine of no less than $ 18 billion.

  • Volkswagen: the story of a fraud

    They were warned

    Meanwhile, in May 2014, the authoritative American Institute ICTT (International Council on Clean Transportation) already drew the attention of the EPA that the exhaust figures of some Volkswagen cars are significantly higher than allowed by law. There was no reaction from Volkswagen.

  • Volkswagen: the story of a fraud

    Rooted in the past

    It soon became clear that the decision to manipulate was made by the automaker back in 2005 – to strengthen the American market. During an advertising campaign in the United States, Volkswagen used the Clean Diesel slogan, claiming that diesel cars are environmentally friendly and reliable.

  • Volkswagen: the story of a fraud

    Millions of machines affected

    They started talking about the fact that millions of cars would be recalled almost immediately. But the final figure was not announced. Initially, 11 million vehicles were reported worldwide. Then – about 8.5 million cars in Europe. In October, it was announced that 2.5 million vehicles in Germany would be recalled. The promotion will start in 2016.

  • Volkswagen: the story of a fraud

    Here is evil worthy fruit

    Martin Winterkorn, ex-head of Volkswagen, has suffered a career wreck. Back in April, he secured a contract renewal, but exactly one week after the first EPA publications, he resigned. A few days later, a criminal case was opened against him. VW further announced the possibility of a civil action against Winterkorn. There was also a rumor that he would leave all positions in the concern.

  • Volkswagen: the story of a fraud

    Germany confirms fraud

    German Transport Minister Alexander Dobrindt said VW also manipulated the exhaust control system in Europe. The machinations affected cars with diesel engines of 1.6 and 2.0 liters. In November 2015, prosecutors announced a new criminal case against VW: this time it was about tax evasion.

  • Volkswagen: the story of a fraud

    Ban on sale, then – on operation

    Switzerland has banned the sale of a number of Volkswagen vehicles. In October, the California Air Resources Board (CARB) issued an ultimatum to the automaker: in case of refusal to replenish problem cars, CARB promised to seek a ban on the operation of VW cars. Similar problems are observed in other countries.

  • Volkswagen: the story of a fraud

    “I didn’t know anything”

    Top managers of VW subsidiaries – Ulrich Hackenberg from Audi and Wolfgang Hatz from Porsche – have been suspended from their duties. The threat of resignation also hangs over the head of VW in the USA – Michael Horn, but he manages to keep his post. Perhaps, in part, thanks to his own assurances that he allegedly “did not know anything.”

  • Volkswagen: the story of a fraud

    Searches in factories and private homes

    Searches were carried out at the Volkswagen headquarters in Wolfsburg in October 2015. Documents and data carriers were seized. The apartments of high-ranking officials were also searched. Ten days later – a new test: a search in France, at the VW plant in the city of Villers-Cotrets. The French Consumer Protection Authority has launched an investigation into VW’s fraud.

  • Volkswagen: the story of a fraud

    For the first time in 20 years, a quarterly loss

    The carmaker is allocating 6.7 billion euros for recalling 11 million vehicles. The consequence of these gigantic spending is VW’s first quarterly loss in 20 years. At the end of the third quarter of 2015, Volkswagen showed a net loss of 1.67 billion euros. Operating losses – 3.5 billion. It is reported that immediately after the publication of the EPA, VW cars were sold at car dealerships with colossal discounts – in order to sell at least something.

    Author: Grigory Arosev


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