If you bought or leased a new car in the Toyota family from Jan 1, 2001 to April 30, 2003, you could get some cash in a new class action lawsuit. The lawsuit alleges a conspiracy between Toyota Motor Sales, U.S.A. and the Canadian Automobile Dealer’s Association (CADA) to keep Canadian car exports out of the states and raise prices for American consumers.
The two groups admit no wrongdoing but have agreed to settle. Toyota will pay $35 million and CADA $700,000.
You’re eligible if you bought or leased a new Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hummer, Infiniti, Jaguar, Jeep, Land Rover, Lexus, Lincoln, Mazda, Mercedes, Mercury, Mini, Nissan, Oldsmobile, Plymouth, Pontiac, Saab, Saturn, Toyota, Volkswagen, or Volvo in AZ, AR, CA, ID, KS, ME, MA, MI, MN, MS, NE, NV, NH, NM, ND, SD, TN, VT or WI.
That’s it. All you had to have done to be eligible is bought or leased one of those new cars in one of those states between Jan ’01 and April ’03.
To participate and get a piece of the pie, you must submit a claim at canadianexportantitrust.com. The deadline is this Feb 1, so act soon.
Class Action Site [Canadian Export Antitrust]