Europcar has admitted it may have overcharged consumers by around €33.8m in the UK following alleged repair overcharges. 

Europcar said its view is that the implications of the investigation will be somewhere in the region of €33.8m.

The car hire giant says it’s undergoing investigation by UK Trading Standards into repair costs levied in the UK – according to a report in the UK’s Telegraph, Europcar has been accused of overinflating repair claims to customers by up to 300% over the last decade.

As a result the Telegraph says the Serious Fraud Office (SFO) is preparing to begin a criminal inquiry.

In a statement, Europcar said it is fully cooperating with the authorities.

A spokesperson added: “Given the ongoing investigation Europcar cannot provide any more substantive comment at this stage.”

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