Car manufacturers and industry bodies have reached a settlement with the CMA after admitting to breaking competition law in relation to vehicle recycling, and related advertising claims.

•    Ten manufacturers – BMW, Ford, Jaguar Land Rover, Peugeot Citroen, Mitsubishi, Nissan, Renault, Toyota, Vauxhall and Volkswagen – and 2 trade bodies have been fined a total of £77,688,917
•    These manufacturers illegally agreed not to compete against one another when advertising what percentage of their cars can be recycled
•    The manufacturers also illegally colluded to avoid paying third parties to recycle their customers’ scrap cars
Following an investigation by the Competition and Markets Authority (CMA), 10 manufacturers and 2 trade bodies have admitted their involvement in the illegal behaviour and agreed to pay fines totalling over £77 million.
Mercedes-Benz, which was also involved in these agreements, is exempt from paying a financial penalty as it alerted the CMA to its participation via the authority’s leniency policy.
The European Commission (EC) launched a parallel probe alongside the CMA in March 2022. The EC has today issued its own decision imposing fines for breaches of EU law.

Further information:
https://www.gov.uk/government/news/car-industry-settles-competition-law-case?utm_medium=email&utm_campaign=govuk-notifications-topic&utm_source=63256c52-0a96-4174-9e81-7468f43ac82e&utm_content=daily