Deadline approaches for lorry compensation claims

FEDEMAC has reminded movers who bought lorries at unfairly high prices to make claims for compensation before the deadline at the end of February.

The action relates to two European Commission rulings, in July 2016 and September 2017, that lorry prices had been kept ‘artificially high at the expense of their customers’, leading to fines of around 3.8 billion euros for a group of European manufacturers including Daimler, MAN, Volvo/Renault, DAF, Iveco and Scania.

A FEDEMAC agreement with litigator LITFIN, gives moving companies two options: a ‘buy out’ of the claim, with an immediate payment; or LITFIN taking on the claim and being paid as the result of an eventual settlement to the company.

LITFIN has already successfully submitted damage claims in the case for 25,000 lorries to courts in the Netherlands. It is now preparing similar action in Germany – where any new lorries with a weight of more than six tonnes bought between November 2005 and December 2014 are considered eligible – and other European countries.

For more information about the case and how to claim, visit this FEDEMAC webpage.

Photo by Mike from Pexels

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