Manufacturer · EUR 494m
Iveco trucks compensation: your cartel claim
Italian manufacturer Iveco S.p.A. was fined EUR 494 million for its active part in the secret meetings that set gross price scales.
The findings against Iveco
The fine imposed on Iveco was EUR 494.19 million precisely. The European authorities proved that the Turin manufacturer’s management met competitors regularly to coordinate price scales across the single market.
Iveco also took part in the agreement to defer the timetable for introducing Euro 3 to Euro 6 emission control technology, and then to pass the cost of that equipment on to end buyers.
|
Iveco model |
Range and use |
Eligible acquisition years |
|---|---|---|
|
Stralis |
Long-haul, including Hi-Way and Hi-Road |
2002 to 2014 |
|
Eurocargo |
Urban and regional distribution above 6 tonnes |
1997 to 2014 |
|
Trakker |
Construction rigids and tractors |
2004 to 2014 |
|
EuroTech and EuroStar |
Earlier long-haul ranges |
1997 to 2002 |
|
EuroTrakker |
Earlier construction range |
1997 to 2004 |
Iveco Capital, direct purchase or vehicle already sold
Eligibility depends neither on the contract type nor on whether the truck is still in your fleet. The rules are identical whatever the financing: see outright purchase or credit, leasing and hire purchase, long-term hire and trucks sold or scrapped.
How your claim is calculated
The original overcharge is only part of your claim. The decisive lever is the compounding of statutory late payment interest, accrued over twelve to twenty-eight years.
Worked example: for a Stralis 450 bought new in 2006 at EUR 95,000 net, the 15 % overcharge is EUR 14,250. With twenty years of statutory interest at 4 % per year, the total recoverable amount reaches roughly EUR 31,200.
Eligibility check
Send us your invoices, lease agreements, registration documents or asset registers covering 1997 to 2014.
Audit and firm offer
Our lawyers and econometricians quantify your claim within four weeks.
Guided decision
You choose between a cash purchase of your claim within 30 days and litigation on a success-fee basis.
Payment released
The compensation is credited directly to your company bank account.
Frequently asked questions
The other sanctioned manufacturers
All the analyses in this section, plus the Manufacturers hub for the overview.
Calculate the loss on your Iveco fleet today
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