A soaring Canadian dollar and ongoing news of price disparity between cars sold in Canada and the United States has prompted 4 new car buyers to take matters to court.
Four Toronto residents, who’ve all bought new cars at Canadian prices recently, have enlisted the help of law firm Juroviesky & Ricci to launch a lawsuit against the Canadian and American branches of General Motors, Chrysler, Nissan and Honda. Apparently the Canadian Automobile Dealers Association and the National Automobile Dealers Association have also been named in the suit.
In the suit, the manufacturers are being accused of collusion between American and Canadian head offices of some manufacturers and the subsequent battle to prevent cross border shopping. The suit alleges that US dealers who sell vehicles to Canadians are threatened with penalties that could include revocation of their franchise. Also mentioned is the practice of refusing to honour warranty on US cars in Canada as a method of discouraging cross border shopping.
It’s interesting to note that this news comes hot on the heels of Porsche’s announcement that they would be dropping the price of some models by 10% to help decrease the disparity.
This is going to be a fight worth watching folks!
Full press release and contact info for interested parties after the break
Juroviesky and Ricci LLP Files a Class Action Against the Major Automobile Manufacturers
TORONTO, Sept. 26 /CNW/ – The law offices of Juroviesky and Ricci LLP
have filed a class action lawsuit in the Ontario Superior Court of Justice
against the major automobile manufacturers, currently including, the North
American operations of, Honda, General Motors, Chrysler, and Nissan. The suit
also extends to certain North American dealer organizations, namely, CADA, and
NADA.(collectively the “Defendants”).
The suit claims that the Defendants conspired to artificially enhance the
price of automobiles to the Canadian consumer through a variety of carefully
orchestrated business practices in violation of a variety of statutes
including the Competition Act, and the various provincial Consumer Protection
Acts. Additionally, the suit alleges the commission of certain common law
torts. For further details please see the statement of claim on Juroviesky and
Ricci’s website www.jrclassactions.com.
The class includes all persons resident in Canada that purchased or
leased an automobile (or intended to do so) from one or more of the
Defendants, in Canada.
Note that the detailed statement of claim filed with the Ontario Superior
Court of Justice is the result of an extensive and independent investigation
conducted by Juroviesky and Ricci LLP. In respect of Canada, to the knowledge
of Juroviesky and Ricci LLP, no other statement of claim has been filed in
this matter against Defendants and no other law firms, as at the time of
filing its statement of claim, represent plaintiffs in this litigation.
Because lawyers at Juroviesky and Ricci LLP have conducted a thorough
investigation on this matter, they are in a superior position to answer
questions about the claims alleged in the statement of claim, and can be
contacted to discuss this case through the telephone number and/or e-mail
address indicated below.
To be included as a lead or representative plaintiff on this matter, you
must meet certain legal requirements. If you would like to join this class
action as a lead or representative plaintiff, discuss this
action/announcement, or be included in our Automobile Price Fixing Conspiracy
database, please email Juroviesky and Ricci LLP at email@example.com. In
your email, please indicate Car Conspiracy in the subject line, and include
your full contact information (name, address, phone number, and email
More information on this and other class actions can be found on the
Juroviesky and Ricci LLP Class Action website at www.jrclassactions.com.