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New car sales rules benefit retail stocks.

Automotive News Europe,  April, 2002  by De Saint-Seine, Sylviane

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Car retailers are beating automakers and suppliers in the Automotive News Europe/PricewaterhouseCoopers Total Shareholder Return Index.

In the first quarter, investors bet that sweeping revisions of rules governing sales and repairs in the European Union will most benefit large dealer companies.

The index measures growth in the value of investments.

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