Judge Finds Ford Violated Dealer Agreements: $2 Billion In Damages Owed

DETROIT (WWJ) - A judge has ruled that Ford Motor Company must pay nearly $2 billion in damages to thousands of dealerships in a 2002 class-action lawsuit that said the automaker violated dealer agreements.

A Cleveland judge issued the ruling based on a jury determination that the company overcharged dealers for commercial trucks during an 11-year period.

A lawyer representing truck dealers says damages are to be paid to more than 3,000 dealerships.

Ford says the company will appeal.