EU regulators accuse BMW, Daimler, Volkswagen of colluding to block emission-fighting technology
European regulators on Friday accused Volkswagen, BMW and Daimler of conspiring to suppress technology meant to combat harmful automobile emissions. By Hamza Shaban Hamza Shaban Technology reporter Email Bio Follow April 5 at 10:19 AM European regulators on Friday accused BMW, Daimler and Volkswagen of colluding to suppress the development and release of emissions-fighting automobile technology for eight years.
European regulators said the alleged collusion took place during technical meetings known as the “circle of five,” attended by the three automakers and Volkswagen’s Audi and Porsche companies. In a statement, Daimler said the company is aware of the allegations and is awaiting a formal notification. The company said it is cooperating with the European Commission and “does not expect to receive a fine in this matter.”
The accusations against the European carmakers come just weeks after the U.S. Securities and Exchange Commission filed a lawsuit against Volkswagen for allegedly defrauding investors during the company’s major diesel emissions scandal.
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