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What effect will the new block exemption have on the car selling market?

block car market Selling
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What effect will the new block exemption have on the car selling market?

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An EC review of the old Block Exemption rules on the sale of new cars in the EU found that they were not working as intended. Buyers were still finding it difficult to buy cars in another Member State. The new rules will mean that: • dealers are able to market their services and reach customers in different areas or countries; • dealers are able to sell more than one brand of car at the same site (multi- franchising) with fewer restrictions; • internet retailers will find it easier to co-operate with dealers and with individual customers who wish to import cars themselves The provisions will increase competition in the domestic and continental car market, which will give consumers more choice and better value for money including a reduction in car prices.

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