EC to probe Ford subsidies in Flanders BRUSSELS — The European Commission has launched a formal investigation into aid granted to Ford Motor Co. by Belgium's Flanders region, saying there are doubts about the necessity of the aid. The US$5.8 million in aid is to launch a new Transit van at the Ford plant in Genk. Ford is investing US$281.8 million to build the new model. Under EC rules, regional aid may be up to 10% of the company's investment. While Ford's aid is below that amount, the EC ...
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