Press Release: Car price differentials in the European Union remain high, in particular in the high volume segments

In its most recent report on car prices, the European Commission has found that price differentials for new cars across the European Union are still substantial. The situation on 1 May 2001 shows that despite the recent depreciation of the Pound Sterling against the euro, prices in the United Kingdom are still much higher than in the euro zone. Greece, which joined the euro zone on 2 January 2001, as well as Finland, Spain, the Netherlands and Denmark, a non-member of the Euro zone, are the markets where car prices before tax are generally the lowest.

http://ec.europa.eu/competition/sectors/motor_vehicles/prices/archive.html http://ec.europa.eu/competition/sectors/motor_vehicles/prices/archive.html

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