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    • SKF settles last carmaker lawsuit over ball bearings cartel
    SKF settles last carmaker lawsuit over ball bearings cartel
    Author :Admin | Publish Date:2018-12-05 11:01:22
    The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke
    STOCKHOLM (Reuters) - SKF (SKFb.ST) has reached a settlement with Daimler (DAIGn.DE) over the Swedish engineering group’s alleged participation in a ball bearings cartel, drawing a line under its disputes with automakers over this issue.
    The world’s largest maker of industrial bearings was sued by three carmakers after European Union antitrust regulators in March 2014 fined it and other suppliers a total of 953 million euros ($1.1 billion) for taking part in a ball bearings cartel.
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    skf information lists
  • SKF settles last carmaker lawsuit over ball bearings cartel
  • SKF and Daimler settle legal dispute
  • Jefferies Financial Group Lowers AB SKF (SKFRY) to Hold
  • SKF Super-precision Bearing Lubrication Unit
  • SKF partners with Siemens to improve railway reliability
  • AB SKF (OTCMKTS:SKFRY) Rating Lowered to Sell at Zacks Investment Research
  • SKF Engine Fan Support Module increases reliability and lowers total cost
  • SKF receives 2013 Quality Awards from General Motors
  • SKF announces the development of an innovative solution for protecting the wheel bearing against cor
  • SKF announces a robust angular steering column bearing for smoother drive
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