Peugeot before European Court !!!

[drakkie]

I just got this in my inbox.I thought ypu guys might be interested.

Peugeot’s Position Following the European Commission’s Decision








Peugeot has taken note of the European Commission’s decision and regrets that its arguments have been rejected.







The Commission accuses Peugeot Nederland primarly of having set up a dealer compensation system suspected of limiting cross-border sales in the Netherlands.







As a matter of fact, this compensation system was designed solely to increase Peugeot’s share of the Dutch market and was not in any way intended to restrict cross-border sales. As a result, Peugeot registrations in the Netherlands rose by nearly 50% from 1997 to 2003, the period under review, and its market share widened from 7.1% to 10.4%.



Non-residents who wanted to buy a Peugeot in the Netherlands were able to do so and their cars were delivered.



According to Peugeot, the real issue lies in the lack of tax harmonization in Europe, which causes prices to differ from one country to another.







Peugeot will examine the decision when it is notified before deciding whether to appeal.











Paris - October 5, 2005

[Cadillac Imaj]

wow...
i have nothing to say.