{"id":7904,"date":"2022-01-11T10:11:05","date_gmt":"2022-01-11T09:11:05","guid":{"rendered":"https:\/\/carteldamageclaims.com\/our-cases-2\/cars\/"},"modified":"2022-01-11T10:11:05","modified_gmt":"2022-01-11T09:11:05","slug":"cars","status":"publish","type":"page","link":"https:\/\/carteldamageclaims.com\/es\/cars\/","title":{"rendered":"Cars #2"},"content":{"rendered":"

On 23 July 2015, the Spanish Competition Authority, the \u2018Comisi\u00f3n Nacional de Mercados y Competencia\u2019 (\u2018CNMC\u2019) fined 21 car manufacturers and two consulting agencies operating in Spain EUR 171 million for breaches of competition law between February 2006 and August 2013, the highest fine in CNMC\u00b4s history (Exp. S\/0482\/13 Fabricantes de Autom\u00f3viles).<\/p>\n

Background \u2013 The Spanish Car Cartel<\/h2>\n

The fined companies, covering more than 90% of the Spanish market, exchanged commercially sensitive information on car sales. By doing so, they were able to control the vast majority of the distribution and after-sales market in Spain allowing them to establish commercial conditions detrimental to their customers. Among other things, this resulted in both consumers and companies paying higher prices for cars due to the illegal conduct of the car manufacturers. Preliminary price overcharge estimations are in the range of 10-15%.
\nThe fined entities are: AUTOM\u00d3VILES CITRO\u00cbN ESPA\u00d1A, B&M AUTOM\u00d3VILES ESPA\u00d1A, BMW IB\u00c9RICA, S.A.U., CHEVROLET ESPA\u00d1A, S.A.U., CHRYSLER ESPA\u00d1A, S.L., FIAT GROUP AUTOMOBILES SPAIN, S.A., FORD ESPA\u00d1A, S.L., GENERAL MOTORS ESPA\u00d1A, S.L.U., HONDA MOTOR EUROPE LIMITED, BRANCH IN SPAIN, S.L., HYUNDAI MOTOR ESPA\u00d1A, S.L.U., KIA MOTORS IBERIA, S.L., MAZDA AUTOM\u00d3VILES ESPA\u00d1A, S.A., MERCEDES BENZ ESPA\u00d1A, S.A., NISSAN IBERIA, S.A., PEUGEOT ESPA\u00d1A, S.A., PORSCHE IB\u00c9RICA, S.A., RENAULT ESPA\u00d1A COMERCIAL, S.A., SEAT, S.A., SNAP-ON BUSINESS SOLUTIONS, S.L., TOYOTA ESPA\u00d1A, S.L., URBAN SCIENCE ESPA\u00d1A, S.L.U., VOLKSWAGEN AUDI ESPA\u00d1A, S.A. and VOLVO CAR ESPA\u00d1A, S.A..
\nSEAT, S.A. as well as the other companies forming part of the Group to which it belongs (VOLKSWAGEN AUDI ESPA\u00d1A, S.A. and PORSCHE IB\u00c9RICA, S.A.), met the requirements set out in article 65 of the LDC and, consequently, were exempted from paying the fine relating to their participation in the infringing conduct.<\/p>\n

Claims enforcement with CDC<\/h2>\n

Companies and individuals harmed by the car cartel are entitled to claim the damages suffered, plus interest, from the car manufacturers. As in CDC\u2019s other cases, we offer to those cartel victims the full outsourcing of the claims enforcement process. Operating under the ‘assignment model’ invented by CDC, we together with our cooperation partners act as a one-stop-shop covering all relevant areas of claims enforcement, such as legal, economics, data collection\/analysis, funding, negotiating and \u2013 if necessary \u2013 litigation in court. In addition, the assignment model allows CDC to assume all enforcement-related costs and risks (including the adverse cost risk in case of losing in court) to the benefit of victims of the car cartel. These are among the many reasons why already thousands of companies and individuals harmed by the Spanish car manufacturers cartel have entrusted their claims to CDC.<\/p>\n

To provide attractive commercial conditions for everyone, we offer two different purchase price models to choose from:<\/p>\n