Daily Guardian UAEDaily Guardian UAE
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
What's On

Always hungry again at 4pm? Try this simple three-part snack formula

October 15, 2026

Abu Dhabi DoE Accelerates Industrial Energy and Water Efficiency

October 15, 2026

Natixis celebrates 20 years in Dubai International Financial Centre, underscoring deep commitment to the Middle East

October 14, 2026

Al Ansari Exchange Tests Voice AI as It Explores Agentic Applications

October 14, 2026

Joyalukkas set to unveil ‘Jewel of Joy’: The Middle East’s Biggest Jewellery Destination at Dubai Gold District

October 14, 2026
Facebook X (Twitter) Instagram
Finance Pro
Facebook X (Twitter) Instagram
Daily Guardian UAE
Subscribe
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
Daily Guardian UAEDaily Guardian UAE
Home » Stellantis’ $854 million UK lawsuit over airbag, seatbelt cartels begins – News
Business

Stellantis’ $854 million UK lawsuit over airbag, seatbelt cartels begins – News

By dailyguardian.aeOctober 1, 20242 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Stellantis’ 771 million-euro ($854 million) London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels led to it being overcharged for roughly a decade.

The automaker, which was formed by the 2021 merger of Fiat Chrysler Automobiles and PSA Group, is suing Autoliv and ZF/TRW for allegedly charging higher prices for seatbelts, airbags and steering wheels.


Sweden’s Autoliv and TRW – which was bought by German rival ZF Friedrichshafen in 2014 – were found by the European Commission to have participated in cartels, relating to products sold to Japanese and European car manufacturers.

The two companies were fined 368.3 million euros in 2019 over cartels involving products supplied to some European car producers, while a Japanese unit of Autoliv was among companies fined for cartels involving supplies to Japanese automakers.



Stellantis argues that the practices of the cartels went far wider than the European Commission’s limited findings.

Its lawyer Colin West said in court documents that it was “inherently unlikely” that Autoliv and ZF/TRW’s cartels affected some carmakers but not Stellantis’ brands.

Autoliv and ZF/TRW however argue that the European Commission investigated the sector for several years – with the companies’ cooperation – and did not find Stellantis was targeted by the cartel.

The companies’ lawyers said there was no collusion beyond what was found by the European Commission and, if there was, any overcharge was passed on by Stellantis to customers.

The trial at the Competition Appeal Tribunal is expected to take five weeks.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Rabee’s Iraq stock exchange index achieves 8.5% growth in September – News

Middle East crisis derails Bitcoin recovery – News

MAG launches Dh350 million tower at Dubai Sports City – News

Taqa Group successfully prices $1.75 billion dual tranche 7-year and 12-year bond offering – News

UAE-Serbia Cepa set to add $351m to GDP – News

Coinbase to delist some stablecoins in Europe ahead of new regulations – News

Family credit in UAE banking sector hits $115b – News

Boeing, striking union to return to negotiations on Monday – News

Wall St Week Ahead: Investors look to earnings to support record-high stock prices – News

Editors Picks

Abu Dhabi DoE Accelerates Industrial Energy and Water Efficiency

October 15, 2026

Natixis celebrates 20 years in Dubai International Financial Centre, underscoring deep commitment to the Middle East

October 14, 2026

Al Ansari Exchange Tests Voice AI as It Explores Agentic Applications

October 14, 2026

Joyalukkas set to unveil ‘Jewel of Joy’: The Middle East’s Biggest Jewellery Destination at Dubai Gold District

October 14, 2026

Subscribe to News

Get the latest UAE news and updates directly to your inbox.

Latest Posts

Dubai Land Department Showcases Real Estate Strength at RISE 2026

October 14, 2026

14th Global Sustainability & CSR Forum Drives Global Dialogue on Turning Sustainability Commitments into Lasting Impact

October 14, 2026

OMRAN Group and Hassan Allam Holding Partner to Launch First Phase of Residential Development in Madinat Al Irfan

October 14, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Daily Guardian UAE. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.