Fleet News

Peugeot, VW face prices probe

THE EC increased pressure on car manufacturers to push down prices with two new probes into Peugeot and Volkswagen. EC inspectors raided the headquarters of Peugeot and its German and Dutch distributors amid claims it was blocking cross-border trade of vehicles.

A Peugeot spokesman said: 'We are confident we have complied with all EC requirements and we have nothing to hide in these matters.' He also stressed the investigation was limited to Peugeot in France and Germany.

At a briefing in Brussels, an EC spokesman revealed Volkswagen was also under investigation for allegedly keeping prices high with threats of legal action to dealers. A spokesman for the EU said: 'We are looking into prices following a complaint from a German car dealer, but it is early days yet.' Volkswagen was unable to comment.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee