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ALV Nov 2024 115.000 call

OPR - OPR Delayed Price. Currency in USD
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0.75000.0000 (0.00%)
As of 02:06PM EDT. Market open.
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    Stellantis' $854 million UK lawsuit over airbag, seatbelt cartels begins

    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.