UPDATE 1-UK competition watchdog to probe car warranties

Newswire

(Adds consumer, industry and analyst comments) By Georgina Prodhan LONDON, June 30 (Reuters) - Britain's competition watchdog launched an investigation on Monday into whether dealer warranties on new cars distort the five-billion-pound ($8.25 billion) annual market for vehicle servicing and repairs. In addition to the manufacturer's guarantee new cars in Britain are often sold with an extended warranty from the dealer, but these are normally invalidated if the car is serviced anywhere ...

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