LONDON — U.K. automakers voluntarily are cutting prices and increasing value following months of controversy. The move follows government reports saying car prices here were significantly higher than in continental Europe. The government reportedly planned to force automakers to cut prices by about £1,100 (US$1,663) beginning this month. Some of the largest price reductions were to come from luxury automakers. BMW AG's price cuts, along with extra standard equipment, mean the average ...
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