The shape of the European Commission’s potential rescue package for the European Union automobile industry has become much clearer: a E40 billion ($52 billion) soft loan via the European Investment Bank. The potential loan was revealed by EU Industry Commissioner Günter Verheugen after a meeting with European auto sector executives, including officials from France’s PSA Peugeot Citroen and Germany’s Daimler AG, under the umbrella of the EU’s CARS 21 reform initiative. Verheugen says the ...
Premium Content (PAID Subscription Required)
"EU Auto Industry May Get E40 Billion in Aid Via EIB" 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