Ger­many fines VW sup­pli­ers for col­lu­sion

China Daily (Hong Kong) - - MOTORING -

Ger­many’s an­titrust author­ity has fined three sup­pli­ers of Volk­swa­gen a to­tal of 9.6 mil­lion euros ($11 mil­lion) for al­legedly col­lud­ing on how to pass on in­creas­ing raw ma­te­rial prices to the au­tomaker. The com­pa­nies make alu­minum heat shields used to in­su­late other parts of the ve­hi­cle against heat gen­er­ated in the en­gine and ex­haust. The car­tel of­fice ac­cuses them of col­lud­ing in 2011 by ex­chang­ing sen­si­tive in­for­ma­tion to strengthen their ne­go­ti­at­ing po­si­tion against Volk­swa­gen. Set­tle­ments were reached with all three com­pa­nies.

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