Without government intervention against the EU, drivers will face skyrocketing repair expenses.
If the government does not overrule new European Union legislation, motorists may suffer increased repair charges.
If the plan is implemented, it is anticipated that UK drivers will be required to spend an additional £100 each year. The EU is considering modifying the so-called block exemption regulations, which allow independent garages to use less expensive “aftermarket” parts instead of brand-name components.
Unless UK regulators intervene, the UK would automatically obey these standards as a result of a post-Brexit deal.
The Competition and Markets Authority, Britain’s regulator, is currently in discussions with the government regarding the current laws, which are set to expire in 2023.
Kwasi Kwarteng, the Business Secretary, will make the final decision.
The CEO of Euro Car Parts, Andy Hamilton, asked the government to defy the EU’s proposals.
“We need to know what the CMA’s plans are as soon as possible, otherwise British drivers risk being forced into a monopoly that will cost them about £100 a year and much more in the future,” he warned.
“Ministers must step in to help speed up the process.
“If not, Britons across the country would be forced to pay £2.4 billion in extra charges, which will go straight to auto manufacturers, many of whom charge a high premium for vehicle repairs.
“Independent garages consistently outperform franchised dealers in terms of customer satisfaction, providing a local ‘all-makes’ service at a competitive price – crucially, one that can be adjusted depending on the parts the motorist is willing to pay for.”
Any changes to the current legislation might put the UK’s 30,000 independent garages and their 350,000 employees in jeopardy.
Euro Car Parts has 160,000 parts in store at its national distribution center and has 330 locations.
Petrol prices have reached eight-year highs in the last year, putting a strain on motorists.
Oil prices have risen to levels last seen in October 2013 as a result of rising oil costs and inflation fears.
It’s Kwik Fits’ Midsommer Madness promotion, which means you can save 10% on your MOT Test with the UK’s #1 MOT tester if you book online.
The average price per litre has risen to £1.33, about 20p higher than in November, with diesel costs also rising.
According to Luke Bosdet, an AA fuel price spokesman, rising fuel prices are having a significant impact on families.
“A family with two gasoline cars would have spent roughly £230 on.”Brinkwire Summary News,” he stated.