German Automakers Under Investigation For Diesel Cheating Collusion

Dieselgate is threatening to take a nation-wide form, with German magazine Der Spiegel claiming Mercedes, BMW, Audi and Porsche have had secret understandings on diesel matters.

Allegedly the companies have been performing together secret working groups since the 1990s, aimed at deciding the prices of diesel emissions treatment systems – which means they formed a cartel, which is something punishable by law. “These allegations look very serious and would mean more than 20 years of potential collusion,” commented Juergen Pieper, a Frankfurt-based analyst with Bankhaus Metzler for Bloomberg. “There seems to be a never ending story of bad news about the industry’s bad behavior.” Apparently the German media outlet caught wind of a letter sent by Volkswagen to German competition authorities, which have now opened an investigation.


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skytop - 7/24/2017 10:18:27 AM

0 Boost

Won't be surprised if the deranged, lying, insane FAKE NEWS liberal media claim Trump was colluded with the automakers.

TheSteve - 7/24/2017 10:57:42 AM

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skytop: You need to throw in a few references to "moonbats" and "snowflakes" for maximum effect.

PUGPROUD - 7/24/2017 10:43:51 AM

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Drip...drip...drip! That is the sound of billions of dollars going to governments from car manufacturers to pay fines. In the end its the consumer who will foot the bill thru higher prices.

TheSteve - 7/24/2017 10:56:01 AM

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Spoiler Alert!


The article is NOT about "investigation for diesel cheating collusion," as the title suggests. Authorities allege several German companies colluded in fixing their prices of their "diesel emissions treatment systems," thereby arranging for them to all be sold at artificially high, anti-competitive prices.

qwertyfla - 7/24/2017 1:16:11 PM

+2 Boost

Basically same old price fixing game as Union Carbide (Praxiar) did years ago with other Industrial Gas Distributors to artificially inflate market prices on Acetylene, Nitrogen, Argon and other compressed gasses...

More corporate shenanigans at the expense of the consumer whom lands up paying for these scams.