This comes on the heels of news from Germany that first alleged the existence of a car cartel operating in secret since the 1990s and included Mercedes, BMW, Volkswagen, Audi, and Porsche. Conspirators from each company would meet in working groups to discuss auto parts and trade information on everything from brakes to transmissions and the undersized tanks for cleaning fluid in diesel motors—yes, that’s right, one of the problems that led to dirty diesel.
The alleged cartel could fix prices in secret and gain an advantage over foreign automakers and rip-off their own suppliers. There are reports Volkswagen leadership have held secret emergency meetings to discuss the investigation. Dirty diesels and a price-fixing cartel? So much for efficiency, it looks like German automakers might have been cheating their way to the top.