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    EU FINES GERMAN CAR MAKERS $1B OVER EMISSION COLLUSION

    Jul 10, 2021 2 minutes

    The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems.

    Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to restrict pollution from gasoline and diesel passenger cars, the EU’s executive

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