Peugeot-Citroen: Going Green Prompts EU Probe
By Michelle Krebs November 14, 2007Competition 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 Londonâs 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 governmentâs package would have covered half of the costs.
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