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The 37 car brands which owe £56m compensation to UK drivers over 9-year period
The scheme covers millions of motorists and sets payments at £25 for the first vehicle, with more available for additional eligible cars, administrators said.
- The Competition Appeal Tribunal approved a £55.87 million compensation scheme for consumers and businesses overcharged for new vehicle deliveries between 2006 and 2015.
- This action follows a 2018 European Commission decision to fine shipping companies MOL, K Line, NYK, WWL, EUKOR, and CSAV £340 million for fixing vehicle transport prices.
- Millions of Brits who purchased vehicles from 37 brands between 2006 and 2015 qualify for compensation starting at £25 for the first vehicle, £5 for the next five, and at least £2.50 for each additional eligible vehicle.
- Former consumer expert Mark McLaren urged the public to sign up now to be first in line, saying "Signing up now is the best way to be first in line for compensation." Distribution of settlement monies is expected later this year.
- Motorists can verify eligibility and register at the Car Delivery Charges website, with compensation available in the coming months via Nectar points, charity donations, or direct banking.
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