5th
March
2008
Leasing Companies Sue Mercedes, BMW, and the Canadian Government
posted in Car News Articles |
Two leasing companies are taking issue with Canada’s restrictions on importing vehicles from the U.S. Globe and Mail reports Fournier Leasing and Canadian Auto Associates have filed a class-action lawsuit against Transport Canada and the Canada Border Services Agency alleging they’re part of a conspiracy to keep vehicle prices high. BMW Canada, Mercedes-Benz Canada and Mercedes-Benz USA are also named in the suit. The leasing companies claim Canadian import requirements reduce competition and raise prices 20 to 35 percent above similar U.S. models. They also say government restrictions on importers add additional costs. M-B Canada had no comment. BMW Canada said they weren’t aware of the lawsuit, which seeks damages in excess of $1b.
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