European car manufacturers have agreed to ask the EU for a €40 billion loan to maintain a "level playing field" with the US, while bashing European plans to pass tough new laws on car engine CO2 emissions.
The Brussels-based European Automobile Manufacturers Association (ACEA) - which represents 15 major producers including VW, BMW, Renault and Fiat - put together the bid at a board meeting on Friday (3 October), after the US government announced a $25 billion support package for its c...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.