HC Deb 07 July 2003 vol 408 cc571-2W
Mr. Cox

To ask the Secretary of State for Trade and Industry what action she is taking to reduce the price of new motor vehicles. [123970]

Mr. Sutcliffe

The supply of New Car Order 2000 came into force on 1 September 2000 following a Competition Commission monopoly inquiry. One of the main provisions of the order is designed to ensure that manufacturers do not discriminate unfairly between discounts for fleet customers and dealers. The Office of Fair Trading is responsible for monitoring compliance with the order.

The Alliance and Leicester, in conjunction with What Car?, publishes a monthly survey of new car prices. The survey published in May 2003 showed that prices of new cars had fallen by 9.47 per cent between April 2000 and April 2003.

Many factors affect relative car prices such as the exchange rate and the degree of competition in the market.

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