Truck Cartel Claims
Truck manufacturers have been fined £2.5 billion for price fixing. If you or your business purchased or leased a truck between 1997 and 2011, you could now be owed thousands in compensation.
European truck manufacturers have admitted violating serious EU competition laws. You and your business have potentially paid far too much for trucks manufactured between 1997-2011, meaning you may be entitled to compensation.
DAF, Daimler, IVECO, MAN, Volvo, and Renault were fined £2.6 billion in 2016 after they all acknowledged their involvement in cartel activities during this period. SCANIA was later fined in 2017 for the same activities.
The cartel members fixed and aligned prices across Europe, meaning that businesses paid over the odds due to a lack of competition. This happened at senior management levels, who also colluded on the timing and passing on of costs for the introduction of more efficient fuel technology.
Now, there is a group claim on behalf of UK truck owners to claim damages for infringement of EU and UK competition law. Find out if you are eligible to join thousands of truck owners today.
Who is eligible to claim?
We believe if you bought or leased a new or used commercial truck between 1997 and 2011 then you are likely to be eligible to claim compensation. Generally speaking, this means you would be entitled to claim for the difference between what you paid for your trucks and what you would have paid had the cartel not existed.
Below are some key criteria for claiming:
- Bought or leased a truck in the UK between January 1997 and January 2011
- Truck was 6 tonnes or above
- The truck was used in the course of a business based in the UK
The manufacturers in questions are:
- Fiat Chrysler
How much compensation could I receive?
The claim in question is for a sum representing the difference between what you paid for your trucks and what you would have paid had the cartel not existed.
While compensation amounts have not yet been agreed, we expect that large fleet operators could be entitled to millions, while smaller fleet operators could have claims worth tens or hundreds of thousands of pounds. The precise sum will depend on the circumstances of your business, but a high level estimate is £6000 per truck.
Is it No Win, No Fee?
Yes, the claim has been structured so that it is completely No Win, No Fee for all claimants. Our panel will talk you through what this agreement looks like, and discuss how the No Win, No Fee system works.
We can also provide a completely free, no obligation review of your case before you sign up to any claim. There will be no cost to you or your business in joining the claim.
What if my business no longer owns the trucks?
Your claim will be eligible even if you have sold the trucks in question.
How do I start a claim?
Starting your Truck Cartel compensation claim couldn’t be easier. Simply fill out our online eligibility form and you will be on your way. The form takes less than two minutes to fill out, and our panel of expert solicitors will be able to advise you on your next steps.
Who are we?
ClaimExperts.co.uk are specialists in bringing forward financial claims for those who have been mis-sold, misled, and misrepresented. We have created an expert panel of solicitors that spans the UK, meaning we can match your enquiry with the best possible solicitor for your claim.
We are fully regulated and authorised by the FCA, and all of our panel are fully SRA-regulated.
In the case of the Truck Cartel Claims, the expert panel member is Provenio Litigation LLP. We will work closely with them to progress your claim.
Ready To Get Started?
ClaimExperts.co.uk provides a free educational service to the public, and connects potential claimants with pre-vetted legal firms operating on our panel.
Our panel of legal firms all:
- Operate on a No-Win, No Fee Basis
- Require No Upfront Fees
- Are Regulated by either the FCA or SRA
Start your claim today by completing the quick enquiry form below.
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For Your Information: You do not need to use a claims management company to make a claim. You have the right to use the relevant Ombudsman to seek redress for free. More information on your particular Ombudsman can be found on our Terms & Conditions.
The No Win No Fee Success Fee is based on which expert panel member we refer you to. Our panel currently consists of a number of law firms, which can also be found on our Terms & Conditions. The No Win, No Fee varies, but is generally between 25%- 50%+VAT. We do not have a termination fee for any of our legal claims.