EU Emissions Probe

Small coalitions of fossil fuel-importing nations can raise $66 billion annually through cooperative levies to help low-income countries cut emissions and fight climate change

VW, which remains in the lobby group, was concerned about the exit of Tesla and Polestar and was discussing the situation, the spokesperson added, without giving specifics

Textiles, chemicals, certain consumer electronics products among trade categories that could be affected

The European Commission fined German carmakers Volkswagen and BMW a total of $1.036 billion for colluding to curb the use of emission cleaning technology in diesel cars

The review could result in technology partnerships for the high-performance sports car and superbike brands

US authorities banned the affected cars after the cheat software was discovered, triggering claims for compensation.

The Commission said that EU antitrust rules ban cartels and restrictive business practices, including deals to limit or control technical development