EuropeanCommission


Opel sale on hold, GM asked to have a word with EU Commission

The EU's Directorate-General for Competition (EUDGC) is looking at the Opel deal that should have been concluded already, and is asking questions of Germany and GM. Principally it is trying to resolve the issue of state aid; it was reported before that if Opel was purchased by Magna then the German government would provide financial assistance. However, if the bidder GM is said to have preferred, Belgian investment fund RHJ, won, then there would be no money coming from the German authorities. The EUDGC wants to ensure that Magna was ... Read more →

Euro carmakers want billions in loans, too Alex Nunez

This week, Detroit got its $25B bailout loan approved by Washington, and according to The Wall Street Journal, European carmakers are making like this is a game of "Simon Says." The Journal reports ...

EU grants Porsche permission to purchase VW Jeremy Korzeniewski

Porsche is one step closer to its goal of purchasing Volkswagen. Back in April of last year, the German automaker passed the 30-percent mark, forcing it to make an outright offer for The Volkswagen ...

European Union taking Germany to court over amended VW Law Michael Harley

In a move that may undermine Germany's protection of Lower Saxony and its close ties to Volkswagen, the European Commission plans to review the case of Volkswagen Law in the European Union's top ...

E.U. officials clear sale of Jaguar, Land Rover to Tata Jeremy Korzeniewski

In what seems like an official bookend to the sale of Jaguar and Land Rover from Ford to Tata, the European Union, like the U.S. Federal Trade Commission, has given its official seal of approval to ...

Opel sale on hold, GM asked to have a word with EU Commission 1 month ago on Autoblog

The EU's Directorate-General for Competition (EUDGC) is looking at the Opel deal that should have been concluded already, and is asking questions of Germany and GM. Principally it is trying to resolve the issue of state aid; it was reported before that if Opel was purchased by Magna then the ...

Euro carmakers want billions in loans, too 1 year ago on Autoblog

This week, Detroit got its $25B bailout loan approved by Washington, and according to The Wall Street Journal, European carmakers are making like this is a game of "Simon Says." The Journal reports that Fiat has proposed the idea of hitting up the European Commission for €40 billion ($55B USD) ...

EU grants Porsche permission to purchase VW 1 year ago on Autoblog

Porsche is one step closer to its goal of purchasing Volkswagen. Back in April of last year, the German automaker passed the 30-percent mark, forcing it to make an outright offer for The Volkswagen Group in its entirety, which it did. Not too many VW shareholders sold their stake to Porsche, as the ...

European Union taking Germany to court over amended VW Law 1 year ago on Autoblog

In a move that may undermine Germany's protection of Lower Saxony and its close ties to Volkswagen, the European Commission plans to review the case of Volkswagen Law in the European Union's top court. As you may recall, Porsche has been trying to take majority control of rival Volkswagen. However, ...

E.U. officials clear sale of Jaguar, Land Rover to Tata 1 year ago on Autoblog

In what seems like an official bookend to the sale of Jaguar and Land Rover from Ford to Tata, the European Union, like the U.S. Federal Trade Commission, has given its official seal of approval to the deal. The E.U. had received no complaints regarding the impending purchase, so approval of the ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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