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EU to probe Porsche taxpayer grant to build new Macan

by Jeff Sabatini (RSS feed) on Jul 12th, 2012 at 9:29AM

Porsche won't put its second crossover into production for another year, but the Macan is already causing some controversy. Not the Porsche-has-sold-its-soul controversy that accompanied the launch of its big brother Cayenne, but the why-is-the-German-government-subsidizing-it kind. According to Reuters, the European Commission has launched an investigation into the German government's €43 million grant (over $53 million U.S.) for Porsche's Leipzig, Germany, plant expansion, on the grounds that such assistance may be anti-competitive. The recent move by Volkswagen to consolidate its... Read More

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