Last Updated : GMT 09:40:38
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Monday 9 June 2025
Last Updated : GMT 09:40:38
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German car

Volkswagen, Daimler say targeted by EU antitrust probe

Themuslimchronicle, themuslimchronicleVolkswagen, Daimler say targeted by EU antitrust probe281166/1079
Berlin - Muslimchronicle
German car giants Volkswagen and Daimler said Monday they are under investigation by EU antitrust regulators, in a new blow to the country's beleaguered auto industry. Mercedes-Benz maker Daimler said the officers were carrying out an "inspection" at its offices and that it has "filed a leniency application".  Separately, Volkswagen said it was also a target of "ongoing antitrust investigationsRead more

EU carries out new antitrust raids on German carmakers: commission

Themuslimchronicle, themuslimchronicleEU carries out new antitrust raids on German carmakers: commission281165/1079
Brussels - Muslimchronicle
EU antitrust regulators raided German car manufacturers on Monday, days after they made a similar swoop on the offices of BMW in a fresh blow to the country's beleaguered auto industry. "The inspections are related to Commission concerns that several German car manufacturers may have violated EU antitrust rules that prohibit cartels and restrictive business practices," the commission, the bloc'sRead more

VW reaches deal with suppliers, heading off production crisis

Themuslimchronicle, themuslimchronicleVW reaches deal with suppliers, heading off production crisis201037/85
Frankfurt - Arab Today
German car giant Volkswagen said it had reached a deal with suppliers to resume deliveries after a stoppage that forced the group to halt production at several plants. "The affected sites are preparing step-by-step to resume production," VW said in a statement. VW and suppliers Cartrim and ES Guss — which make seat covers and gearbox parts — had beenRead more

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