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Renault sees consumers' car-price cartel class action accepted by Madrid court

( October 25, 2024, 16:46 GMT | Official Statement) -- MLex Summary: A Spanish court has accepted a class action lawsuit targeting Renault over alleged car price-fixing. The Juzgado de lo Mercantil nº 4 de Madrid will now review arguments by the initiator, consumer organization OCU, which seeks to have the French automaker refund up to 17.5 percent of the price paid by consumers between 2006 and 2013. OCU claims that Spanish buyers "paid an overcharge on the purchase of their Renault vehicles due to an illegal agreement between Renault and 20 other automakers."The statement follows:...

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