EU car makers set to give dealers more freedom

Newswire

BRUSSELS, Aug 31 (Reuters) - European car makers must change their contracts with dealers by Oct. 1 or face legal uncertainty and the possibility of large fines from the European Commission, a spokesman said on Wednesday. But it is unlikely that any automobile maker will fail to remove the so-called "location clause" which restricts the right of car dealers to open showrooms throughout the European Union. "To the Commission's knowledge, all car manufacturers are intending to remove ...

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