German car giants in possible anti- competitive behaviour. British motorists could be entitled to millions of pounds in compensation for alleged price- fixing among German car giants.

The European Commission have announced antitrust regulators were investigating a possible German auto industry cartel following a tip- off. Watch Dead In France Online (2017). At stake is whether carmakers VW, Audi, Porsche, Mercedes and BMW used German industry committees to discuss pricing of components and technologies, and whether such talks constituted anti- competitive behaviour. And if the allegations are proved, then the millions of British owners of German vehicles may well be entitled to launch legal compensation claims.  The car industry has been hit with billion- euro fines on both sides of the Atlantic in recent years, related to anti- competitive behaviour within lighting systems, engine coolers and bearings If the anti- competition allegations are proved, then millions of British owners of German vehicles, like the pictured Porsche, may well be entitled to launch legal compensation claims. German car manufacturer shares closed lower on Monday, weighed down by the uncertainty over the possible fines, with shares in VW down 1.

BMW and Daimler dropped 2. DAX index to close 0. Exane BNP Paribas automotive analyst Stuart Pearson said little was known about the allegations, but no signs had emerged about fixing prices charged to consumers.'More ugly details could yet emerge, leaving German manufacturers - and the EU auto sector - still firmly in the sin bin for now,' he added. The car industry has been hit with billion- euro fines on both sides of the Atlantic in recent years for cartels related to various parts such as lighting systems, engine coolers and bearings.

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The industry's record on exhaust emissions is also under close scrutiny after VW admitted in September 2. U. S. diesel emissions tests and investigations have shown many vehicles exceeding pollution limits outside of testing labs. On Friday, German magazine Der Spiegel said VW, its Audi and Porsche brands, Mercedes- owner Daimler and BMW may have colluded to fix prices on components, including of diesel emissions treatment systems, using industry committees.  German car manufacturer shares closed lower on Monday, weighed down by the uncertainty over the possible fines - the industry has been under close scrutiny following VW admitted to cheating on U. S. diesel emissions tests. Carmakers VW, Audi, pictured, Porsche, Mercedes and BMW may be fined for anti- competitive behaviour due to a possible German automobile cartel, currently being investigated by the European Commission Daimler had first raised the possible collusion with cartel authorities, which could earn the carmaker immunity, Sueddeutsche Zeitung said on Monday in a report researched jointly with broadcasters NDR and WDR. This contradicted Der Spiegel which reported last week that VW had been first to disclose the matter in July 2.

After Daimler and other truckmakers were accused in 2. German company at least in part pulled out of the industry tie- ups that are now the subject of inquiries, Sueddeutsche Zeitung said.

A spokeswoman for Daimler declined comment on the report. Spiegel said the talks also led to the use of smaller tanks containing Ad. Blue, a urea- based liquid needed to help filter nitrogen oxides (NOx) from diesel emissions. Larger tanks would have been more expensive, the magazine said. Klaus Mueller, the head of the Federation of German Consumer Organizations, said tens of thousands of lawsuits could be filed by buyers demanding compensation, because consumers had 'potentially paid far too high prices'.

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