The introduction of the Euro as a retail currency in 12 EU countries at the beginning of the year has done virtually nothing to level out the wide variations in new car prices between them, the European Commission said yesterday.


In Germany for instance, 40 out of 41 models of new cars are 20 percent more expensive than in at least one other Euro zone market.


Cheapest markets in the Euro zone are Spain, Greece and Finland while prices in the UK are still much higher than those in the Euro zone.


Brussels said its proposals announced this month to reform the block exemption scheme should lead eventually to “greater competition.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.