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Europe Daily Bulletin No. 9245

3 August 2006
Contents Publication in full By article 12 / 22
GENERAL NEWS / (eu) eu/competition/motor cars
Stabilisation of new car prices in first half of 2006, says latest Commission report

Brussels, 01/08/2006 (Agence Europe) - The European Commission's latest report on car prices shows that the level of price convergence on car prices remained unchanged throughout the first half of 2006, both in the euro zone and in the EU as a whole, compared with March 2006 and August 2005. In most of the new Member States, car manufacturers seem to have adjusted their prices downwards, indicating that they have tried to attract consumers with lower budgets.

The report shows greater market...