National car prices remain well below European average

A report prepared by PriceWaterhouseCoopers revealed that over the last 12 months the price of new cars have increased by on average by 9.5% in Poland and that this market is now the leader among the countries that have the bi ggest dynamics of retail price growth among 19 European states. An average increase in those states amounted to 4.4%. Among the 19 countries, new auto prices in Poland stands at 88% of the European average. Other countries with prices lower than average are the Czech Republic, Italy, Sweden and Spain. The most expensive cars are in Denmark and Norway, where auto prices amount to respectively 190% and 173% of the European average. The main reasons for such price discrepancies are different tax rates in those states. (www.onet .pl) M.M.