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Car firms fined for withholding recycling information | Car firms fined for withholding recycling information |
(32 minutes later) | |
Ten carmakers and two industry groups have been fined a combined total of nearly £78m for withholding information about vehicle recycling. | Ten carmakers and two industry groups have been fined a combined total of nearly £78m for withholding information about vehicle recycling. |
BMW, Ford, Jaguar Land Rover, Peugeot Citroen, Mitsubishi, Nissan, Renault, Toyota, Vauxhall, and Volkswagen, and two trade bodies were fined by the UK's Competition and Markets Authority (CMA). | |
The carmakers and trade groups were found to have agreed to withhold information from customers regarding the amount of their cars that could actually be recycled. | The carmakers and trade groups were found to have agreed to withhold information from customers regarding the amount of their cars that could actually be recycled. |
It comes as the European Commission also handed out fines totalling €458m (£382.7m) to 15 carmakers, plus the European Automobiles Manufacturers' Association (ACEA), for breaking recycling laws. | |
"We will not tolerate cartels of any kind, and that includes those that suppress customer awareness and demand for more environmental-friendly products," said Teresa Ribera, executive vice-president for the European Commission's clean energy transition arm. | |
The CMA said, with the exception of Renault, that the carmakers also agreed they would not tell customers what percentage of their cars were made from recycled materials. | |
The regulator added that most of the carmakers involved did this for 15 years from 2002. | |
It said that eight of the manufacturers it had fined made a "buyers' cartel" with other carmakers joining later. | |
The buyers' cartel meant they agreed not to pay companies to handle the recycling of their customers' vehicles once the cars were considered at the end of their lives. | |
Both the ACEA and the Society of Motor Manufacturers (SMMT) were involved in these illegal agreements, the CMA said. | |
Carmakers are legally required to include details on recyclability in their adverts so customers can take this into account before buying. | Carmakers are legally required to include details on recyclability in their adverts so customers can take this into account before buying. |
All of the carmakers and industry bodies involved, apart from Mercedes-Benz, which has been granted immunity from penalties, have now settled with the CMA. | All of the carmakers and industry bodies involved, apart from Mercedes-Benz, which has been granted immunity from penalties, have now settled with the CMA. |
That means they admitted to taking part in this illegal behaviour and agreed to pay the fines. | That means they admitted to taking part in this illegal behaviour and agreed to pay the fines. |
The Society of Motor Manufacturers and Traders (SMMT) said it fully cooperated with the CMA's investigation and has accepted the findings. | The Society of Motor Manufacturers and Traders (SMMT) said it fully cooperated with the CMA's investigation and has accepted the findings. |
It said in a statement that it takes its competition law obligations "extremely seriously" and has "thoroughly reviewed and bolstered its protocols to safeguard current and future compliance." | It said in a statement that it takes its competition law obligations "extremely seriously" and has "thoroughly reviewed and bolstered its protocols to safeguard current and future compliance." |