6 Articles
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 h

EU-sponsored report critical of electric vehicles?

The European Union has been working on new legislation with the goal of reducing overall carbon emissions to just 130 g/km by 2015. Many believe that electric vehicles are the best way to achieve this ultimate goal, but internal reports may not agree with this assessment, according to the Financial Times. In fact, Jean Syrota, the former French energy industry regulator, is

Commission ready to help Europe's car industry

As we all know, the auto industry is sometimes subsidized by Governments, especially in hard times like this. In the case of the EU, its Commission President Jose Manuel Barroso and Industry Commissioner Guenter Verheugen have announced that the European car industry would get help - if automakers produce clean cars. The European Automobile Manufacturers Association (ACEA) wants a €40 billion loan package to help it develop EU-required green technologies. ACEA claims that, without this help