CMA FINES VEHICLE MANUFACTURERS & TRADE BODIES £78 MILLION OVER ILLEGAL UK ELV CARTEL
02/04/2025
The CMA has announced that 10 car manufacturers & 2 industry bodies have been fined almost £78 million by the CMA after admitting to illegal activities by breaking competition law in relation to vehicle recycling, & related advertising claims. 10 manufacturers – BMW, Ford, Jaguar Land Rover, Peugeot Citroen, Mitsubishi, Nissan, Renault, Toyota, Vauxhall and Volkswagen – and the 2 trade bodies SMMT & ACEA have been fined a total of £77,688,917
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