Stellantis’ 771 million euro ($807.62 million) lawsuit against two safety equipment makers was dismissed by a London tribunal on Friday.
The automaker, which was formed by the 2021 merger of Fiat Chrysler Automobiles and PSA Group, sued Autoliv and ZF/TRW for allegedly charging higher prices for seatbelts, airbags and steering wheels.
Sweden’s Autoliv ALV.N 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