Auto Parts Price-Fixing Settlement: Canadians Begin Receiving Payments

A $78M settlement for alleged auto parts price fixing has been reached, affecting 12 automakers. Canadians are receiving payments of at least $25 per claim. The settlement relates to 23 class actions led by law firms Siskinds, Sotos, Camp Fiorante Matthews Mogerman (CFM) and Siskinds Desmeules, covering 45 affected automotive parts, including hoses, sensors, and spark plugs. The deadline for filing a claim has passed.

Canadians have begun receiving payments from a significant nationwide auto parts class action settlement, totaling approximately $78 million. The settlement, reached three years ago, involves 23 class actions alleging "unlawful conspiracies to fix prices of auto parts for installation in new vehicles" [1].

In June 2023, courts in Toronto, Vancouver, and Quebec City approved the settlement, which covers 45 affected automotive parts, including hoses, sensors, and spark plugs. The affected car brands range from Toyota to Jaguar, but no wrongdoing is alleged against these brands [1].

Eligible Canadians must have purchased or leased a new passenger car, sport utility vehicle, van, or light pick-up truck from the affected brands during the specified period. Payments began on August 28, 2023, via e-transfer or cheque, with a minimum payment of $25 per claim [1].

The settlement highlights the ongoing efforts to combat price-fixing conspiracies in the automotive industry. David Jones, a partner at Camp Fiorante Matthews Mogerman LLP in Vancouver, emphasized the harmful effects of such conspiracies, noting that they are prohibited by the Competition Act and can lead to higher prices for consumers [1].

In a separate development, the automotive casting market is expected to grow significantly, reaching USD 11.72 billion by 2034, driven by the rising adoption of electric vehicles (EVs) and stringent emission regulations [2]. The market is projected to grow at a CAGR of 7.76% from 2025 to 2034, with Asia Pacific leading the market due to high EV adoption and mass vehicle production [2].

References:
[1] https://dailyhive.com/canada/auto-parts-settlement-payments-canada
[2] https://www.globenewswire.com/news-release/2025/09/01/3142184/0/en/Automotive-Casting-Market-Worth-USD-11-72-Billion-by-2034-Towards-Automotive.html