Salt Lake Tribune | 1919-11-10 | Page 7 | Demand for Autos Heavy in London

DEMAND FOR AUTOS HEAVY IN LONDON As Direct Result a Brand-New Scheme in Profiteering Has Made Its Appearance. LONDON, Nov. 9. (By The Associated Press.) A determined effort to break up profiteering in automobiles Is being made by the British Motor Trades association and the . Motor Agents' union. Heavy fines have been Imposed In cases where agents have advanced the prices fixed by the manufacturers. If the dealer refuses to pay the fine, he Is cut off from all source of replenishing his stock. Another form of profiteering in cars is often encouraged, it is said, by the private pri-vate automobllist. On receiving a new car, the owner in a number of reported cases has re-sold It to a second-hand dealer and pocketed an Immediate profit of 500 or more. Such is the demand for cars that the second-hand dealer has no difficulty in disposing of the automobile at another $500 profit for himself.