UK: European car prices may rise on new distribution rules - study
New research into the future of car distribution systems in Europe predicts that new car prices may actually rise as a result of the European Commission's new draft regulation for motor vehicle distribution. The European Commission is hoping that by increasing competition between car dealers and by relaxing the restrictions on parallel trade between EU countries, car manufacturers will be forced to reduce new car prices in countries with high pre-tax list prices such as the UK.
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