Motorists, read this. Many drivers of vehicles between 1998 and 2016 are eligible for restitution following an extensive class action lawsuit, reports CTV News.
Thus, the settlement provides for $78 million. The lawsuit accuses auto parts manufacturers of playing games with their prices. These settlements are the result of no less than 23 class actions in Canada involving a dozen brands of automakers. Companies whose vehicles are implicated include BMW, Chrysler, Ford, General Motors, Honda, Mazda, Nissan, Subaru, Toyota and Volkswagen.
It should be noted that these companies have in no way admitted their responsibility or any fault whatsoever. Nonetheless, the court on Wednesday approved a $78 million protocol. However, the class actions do not target builders directly.
The firms Siskinds LLP, Sotos LLP, CFM and Siskinds Desmeules are behind these legal actions.
“The auto parts class action is a major undertaking and we are proud to have recovered a significant sum for Canadian consumers and businesses,” said Karim Diallo of Siskinds Desmeules in a press release.
If you purchased or leased a new vehicle between July 1, 1998 and September 30, 2016, see the following list:
- Aston Martin
- BMWs and Mini Coopers
- Chrysler, Dodge, Fiat, Jeep and Ram
- Ford, Lincoln, Mercury
- General Motors (Buick, Cadillac, Chevrolet, Daewoo, GMC, Hummer, Isuzu, Oldsmobile, Pontiac, Saab and Saturn)
- Hondas and Acuras
- Jaguars and Land Rovers
- Mazda
- Nissan and Infiniti
- Subaru
- Toyotas and Lexus
- Volkswagen, Audi, Porsche and Volvo
“We encourage Canadian businesses and consumers who purchased the affected vehicles to seek settlement benefits. We have designed a claims process that is simple and easy to use, especially for consumers,” Linda Visser, partner at Siskinds LLP, said in comments picked up by CTV News.
45 class actions have been filed and more than $179 million have been recovered to date.
“Price-fixing conspiracies are prohibited by the Competition Act. They are detrimental to the Canadian market, making businesses and consumers pay too high a price for goods and services. The settlements seek to repair that harm,” CFM partner David Jones said in comments picked up by CTV News.
You have until October 30 to complete the application.
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