New report: Massive collusion amongst German automakers

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The latest edition of German news magazine Der Spiegel reports that all the major German car makers - Volkswagen, Porsche, Audi, BMW and Daimler, maker of the Mercedes-Benz and Smart brands - have been engaged in what could be a massive case of industrial collusion.

The report shows that the companies have been secretly meeting in various working groups since the 1990s, where they agreed on various technologies, costs, suppliers and even how to work on emissions from diesel engines.

If true, the case raises more questions for the domestic auto industry still reeling from the growing diesel emissions scandal.

According to Volkswagen's disclosure, 200 employees of the companies met more than 60 times.

In another turn of events, Audi, a part of Volkswagen, announced that it would install new software in 850,000 diesel cars in order to improve emissions performance.

As the scandals widen to include more areas and more companies, the damage to the German car industry is immense and the "Made in Germany" brand is suffering.

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