Cartel probe looms over German car industry

German carmakers faced a brewing scandal Monday as suspicions grew they colluded illegally for decades, further bruising the industry’s pic and exposing it to massive financial risks.

News weekly Der Spiegel reported Friday that German carmakers Volkswagen, Audi, Porsche, BMW and Daimler had secretly worked together from the 1990s onwards on ample areas of car development, construction and logistics, including how to meet increasingly harsh emissions criteria in diesel vehicles. Continue reading Cartel probe looms over German car industry, African news network 7