German State Aid to BMW and Volkswagen Under Investigation - BMW Forum - BimmerWerkz.com
 
LinkBack Thread Tools Display Modes
#1 (permalink) Old 07-15-2011, 11:38 AM
1st Gear Member
 
Join Date: Jul 2010
Posts: 295
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
AutoGuide.com has a little shameless behaviour in the past
(Thread Starter)
German State Aid to BMW and Volkswagen Under Investigation

Given the current financial struggles plaguing many of the European Union member states, legislators are paying closer attention to aid granted for various programs. In the case of Germany, EU investigators have opened a probe regarding state funding supplied to automakers BMW and Volkswagen.

The former concerns aid of some EUR 46 million, granted to BMW for investment in its Leipzig, Saxony manufacturing facility (shown) where the company plans to produce Electric Vehicles.

In the case of Volkswagen, a grant of some EUR 83.7 million aimed at that company's manufacturing facility in Zwickau, is under scrutiny.

In an official line from Brussels, the European Commission has stated, in relation to the funding that it "has doubts whether Germany's suggestions for the definition of the relevant market can be accepted."

More: German State Aid to BMW and Volkswagen Under Investigation on AutoGuide.com
AutoGuide.com is offline  
Sponsored Links
Advertisement
 
Reply

  BMW Forum - BimmerWerkz.com > BimmerWerkz > BMW News


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
World Premiere - Volkswagen Scirocco GT24 with 325 PS CosmosBlack Other Rides 9 06-10-2008 03:18 AM
Investigation Of Airbag Problems iheartbimmers 1,6,7,8 - Series and Mini Cooper 0 12-10-2004 06:51 PM
Investigation Of Airbag Problems iheartbimmers 5-Series (E12,E28, E34, E39, E60) 0 12-10-2004 06:49 PM
New to the board..No more volkswagen waxfondlr 3-Series (E36) 10 09-19-2004 11:05 PM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome