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Monday, 13 June 2011

US: Ford Truck dealers in $2 billion victory

Automotive News reports that Ford is appealing against an award of an Ohio court in a case brought by one of the company's truck dealers. The dealer had taken action over the prices charged by Ford for some 11 years, from 1987 to 1998, and the case had become a class action involving a number of dealers - hence the astronomical damages figure.

An agreement to sell trucks at published prices sounds more than a little dodgy to me, but presumably it must have been done legally otherwise the dealers' claim could hardly have succeeded. I'll ensure there's more on this story in the next edition of the Newsletter.

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