In a judgment published on Thursday 21 December, the Court of Justice of the EU ruled in several joined cases (aff. C-38/21, C-47/21 and C-232/21) involving consumers who voluntarily withdrew from leasing or credit contracts concluded with banks linked to car manufacturers.
The three cases in question concern BMW Bank, Volkswagen Bank and Audi Bank. Two cases concern credit agreements for the financing of a second-hand car. The third concerns a leasing contract with no purchase obligation....