Peugeot-Citroen: Going Green Prompts EU Probe

Competition authorities from the European Union are investigation a proposed research and development aid package from the French government to French automaker Peugeot-Citroen for the development of a hybrid diesel car.

Neelie Kroes, EU competition commissioner, told London’s Financial Times that the European Commission strongly supported the development of environmentally friendly cars but thought it likely that the carmaker would have undertaken the project anyway. The French government’s package would have covered half of the costs.

Posted by Michelle Krebs at 4:33 AM under News | Comments (0) | digg this | Seed Newsvine

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Michelle Krebs Michelle Krebs, veteran automotive-industry authority, joins Edmunds editors, analysts and data experts to provide news and commentary.
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