BRUSSELS, March 30 (Reuters) - The European Commission told Germany on Tuesday it must scrap a law that protects carmaker Volkswagen AG from hostile takeovers or face court action, a Commission spokesman said on Tuesday. The Commission believes Germany's so-called VW law breaches EU treaty rules on the fundamental freedoms of movement of capital and investment. But the German government has defended the law as vital to protect jobs at Europe's largest carmaker. The fresh legal step by ...
Premium Content (PAID Subscription Required)
"EU Commission sends Germany ultimatum on VW law" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642