Bizwatch

Poland: New Car Sales in Free Fall
Used cars from Western Europe have been flooding into Poland since it joined the E.U. on May 1, delighting consumers but worrying authorities. New car sales since accession have dropped by almost 20% from the same period last year. Such trade used to be stymied by a ban on cars that didn't meet exhaust emission standards, and wrecks that could no longer be driven, but with E.U. regulations ending the restrictions, nearly 400,000 used cars entered Poland between May and August — 25 times more than in the first four months...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!