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EU: Renault, Nissan, PSA, FCA and JLR face antitrust probe

By  |  February 24, 2019

Renault, Nissan, PSA Group, Fiat Chrysler Automobiles, and Jaguar Land Rover are being investigated by the European Commission for possible antitrust violations on car parts, a German magazine reported.

The probe centers around whether the companies colluded to raise prices by as much as 25% on car parts, with the help of consulting firm Accenture. The Commission’s investigation started in December, Der Spiegel reported, without stating where it got the information.

This would be the second large-scale investigation by the Commission into European carmakers. The regulator opened a probe in September into whether Volkswagen, Daimler, and BMW colluded on clean-emissions technology for cars.

Full Content: Europe Auto News

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