News / Cartel of truck manufacturers could face a compensation bill of nearly £4bn

© Valeria Cantone

A second law firm and a financier have joined a class action against a group of truck manufacturers, offering support to claimants.

Hausfeld has teamed with Burford Capital to offer legal and financial help to hauliers affected by the truck cartel.

Last year, the European Commission imposed a fine of €2.9bn on five lorry makers – Daimler, Volvo, Renault, Iveco and DAF – for coordinating the selling price of trucks over a 14-year period to 2011. MAN, as the whistleblower, was exempt from the ...