The European Commission launches an investigation into economic aid packages given to Adam Opel AG and BMW AG by the Portuguese and Germany governments. The Commission contends the aid packages may violate the framework for state aid to the motor vehicle industry. Commissioners want to know if the German government’s plan to grant €418.6 million ($368.5 million) in aid for development of BMW’s new plant in Leipzig, Germany, exceeds regional limits. BMW plans to invest a total of €1.2 ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.