Viewing entries tagged with 'European Commission'

European Commission announces fines

The European Commission (EC) has announced fines for car parts makers Autoliv and TRW (now acquired by ZF Friedrichshafen) for a cartel in the supply of airbags, seatbelts and steering wheels to the Volkswagen and BMW groups.

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EU fines seatbelt, airbag suppliers over price fixing

Five suppliers of automotive occupant safety systems – Tokai Rika, Takata, Autoliv, Toyoda Gosei and Marutaka – have been given fines totalling €34m for breaching EU anti-trust rules relating to price fixing in the sector.

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