British car price fixing??

Honest John Back Room » Motoring discussion
View Threaded
Sun 23 Jan 2005 23:18
British car price fixing?? - martint123
www.channelnewsasia.com/stories/afp_world_business...l

LONDON : Britain's motor industry risks being fined heavily after admitting that all car manufacturers may have colluded to share sensitive British sales data for more than 20 years, a newspaper reported.
......
The society fears that if the sharing of predicted sales figures is illegal, it could be linked to the historical price inequality between prices for cars in Britain and the rest of Europe, the paper said.

This could leave the industry open to compensation claims from every person who bought a car during the past two decades.

I bet the (no win no fee) lawers are rubbing their hands

Reply | Report as offensive | Link
Mon 24 Jan 2005 21:53
British car price fixing?? - mfarrow
This would kill the car industry in this country. But of course you'd need the reciept for the car, which a lot of people wouldn't keep. Also, would people want money back for inflation and maybe even interest that money could have made in 20 years?
Reply | Report as offensive | Link
Mon 24 Jan 2005 22:25
British car price fixing?? - PhilW
"This would kill the car industry in this country"

Surely it isn't just "the British car (manufacturing) industry", but all manufacturers that have sold cars in this country at inflated prices compared to elsewhere in the world - that's most of them - Japanese, French, German, Italian - the lot.
Reply | Report as offensive | Link
Tue 25 Jan 2005 11:34
British car price fixing?? - machika
Have they or have they not been making more profit from the British market? If so, then it is about time it was someone else's turn to boost their profits.
Reply | Report as offensive | Link
Tue 25 Jan 2005 13:44
British car price fixing?? - smokie
Isn't it a fact that although retail prices may be higher than Europe, there has nearly always been an element of negotiation on new car prices i.e. very few people pay anything near the RRP or whatever it is, on your common or garden type of car? And usually UK car spec in the repmobile market is higher than the European equivalent (or not so equivalent!).
Reply | Report as offensive | Link
Tue 25 Jan 2005 15:36
British car price fixing?? - machika
I have never understood why the British seem to demand a higher specification and, as a result, why 'imports' are regarded as being inferior (almost to the extent of considering them to be built to an inferior standard)
Reply | Report as offensive | Link