In a damages lawsuit against collusive truck manufacturers, the Higher Regional Court of Munich today overturned a verdict handed down some three years ago. This means that the District Court of Munich must reopen the largest lawsuit for damages against the truck cartel, reports the German news agency dpa.
“The legal dispute is not yet ready to be resolved,” explained the Higher National Court.
Purchasers of 70,000 trucks acquired at allegedly inflated prices are demanding more than half a billion euros in damages from manufacturers MAN, Daimler, Iveco and Volvo/Renault. At first instance, the court dismissed the class action as partly inadmissible and partly unfounded. The Higher National Court overturned this decision in an appeal process.