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Carmakers embroiled in EU recycling cartel probe explore possible settlement

By Nicholas Hirst and Tono Gil ( November 2, 2023, 11:55 GMT | Insight) -- Carmakers have discussed reaching a settlement with the EU's antitrust regulator to end a probe into a suspected cartel in the market for scrapped vehicles involving manufacturers including Stellantis, Renault, Toyota, BMW and Ford, as well as industry lobby group ACEA, MLex has learned. The UK's antitrust watchdog is also running a probe in parallel to the EU one. The probes relate to the recycling of "end-of-life" cars and vans and to rules on how recyclable vehicles must be.Carmakers have discussed reaching a settlement with the EU's antitrust regulator to end a probe into a suspected cartel in the market for scrapped vehicles, MLex has learned....

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