New EU Rules Warning from Ford
New EU directives on vehicles are likely to add 5,000 Euros (3,340 GBP) to the price of an average car. Speaking at the Birmingham Motor Show, Roger Puttnam chairman of Ford in Britain, warned that manufacturing margins were already thin and that mounting regulatory costs would have to be passed on to the consumers. Puttnam singled out new rules on vehicle recycling, the control of chemicals and safety, all of which are to be implemented by 2008.
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