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Stellantis' $807 million UK lawsuit over airbag, seatbelt cartels dismissed

Stellantis' 771 million euro ($807.62 million) lawsuit against two safety equipment makers was dismissed by a London tribunal on Friday.
The article from Reuters details that a London tribunal dismissed a 650 million pound ($807 million) lawsuit against Stellantis, the parent company of Vauxhall, on February 21, 2025. The lawsuit, brought by lawyers representing 1.3 million UK car owners, alleged that Stellantis overcharged for vehicles due to its involvement in cartels that fixed the prices of airbags and seatbelts. The Competition Appeal Tribunal (CAT) ruled that the claimants failed to provide sufficient evidence to support their claims of overcharges. This decision marks a significant victory for Stellantis, as it was one of several lawsuits filed against car manufacturers following a European Commission investigation into price-fixing cartels. The tribunal's dismissal was based on the lack of concrete evidence linking the cartel activities directly to the overpricing of the vehicles in question.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/stellantis-807-million-uk-lawsuit-over-airbag-seatbelt-cartels-dismissed-2025-02-21/ ]