Pre-reg sales rife in Europe, too, as makers 're-export' for profit.

The article reports that cars are being registered by European motor manufacturers in two separate countries to increase profits in 2016. It is noted that it can be very profitable to export pre-registered cars to another country for their sale due to significant price gaps in the European Union (EU). It is stated that Hyundai de-registered 10% of its Belgian stock while 8,226 of the 28,240 Renault passenger cars were de-registered within 30 days during the first quarter of 2015.