Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
»
1-min read

BMW, Daimler, Volkswagen on European Union's Target for Pollution Cartel Probe

The probe lands three years to the day after shock revelations in the US that VW installed software in millions of its diesel vehicles around the world to cheat emissions tests.

AFP

Updated:September 19, 2018, 12:45 PM IST
facebookTwitterskypewhatsapp
BMW, Daimler, Volkswagen on European Union's Target for Pollution Cartel Probe
Image used for representative purpose only. (Photo: Reuters)
Loading...

The EU opened an in-depth probe into alleged collusion by major German carmakers over anti-pollution technology Tuesday, a fresh blow to the scandal-hit industry three years after the notorious "dieselgate." Competition Commissioner Margrethe Vestager said BMW, Daimler and VW are suspected of agreeing "not to compete against each other on the development and roll-out" of anti-pollution systems for petrol and diesel passenger cars.

"If proven, this collusion may have denied consumers the opportunity to buy less polluting cars, despite the technology being available to the manufacturers," she added.

The probe lands three years to the day after shock revelations in the US that VW installed software in millions of its diesel vehicles around the world to cheat emissions tests.

The latest case does not involve these so-called "defeat devices", but instead focuses on the development of state-of-the-art control systems that reduce smog-causing pollution, such as nitrogen oxides and particulate matter.

The Commission said the probe was working with evidence of meetings and collusion by a group it called the "circle of five": BMW, Daimler, Volkswagen, in addition to VW units Audi and Porsche.

EU regulators working the investigation launched a series of raids a year ago in Germany.

Daimler and VW are widely reported to be putting themselves forward as whistle-blowers in the case, in order to win leniency with the EU authorities.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

| Edited by: Ayushmann Chawla
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results