(CBS DETROIT) – The Justice Department is dropping an anti-trust investigation into four different automakers.
Ford Motor Company confirmed the news last Friday.READ MORE: Netflix Increasing US, Canada Prices With Competition Growing
The investigation was looking into possible anti-trust violations in a deal between Ford, Volkswagen, Honda, BMW and the state of California.READ MORE: Detroit School District Hosting COVID Vaccine Clinic
Under the deal, the companies agree to increase their average fuel economy up to nearly 50 miles per gallon by 2026.MORE NEWS: University Of Michigan Partnering With Walgreens To Offer COVID-19 Booster, Flu Shots
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