The Truth About Cars » state aid http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 11 Feb 2016 18:00:49 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » state aid http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Brussels Investigates State Aid To Porsche http://www.thetruthaboutcars.com/2012/07/brussels-investigates-state-aid-to-porsche/ http://www.thetruthaboutcars.com/2012/07/brussels-investigates-state-aid-to-porsche/#comments Wed, 11 Jul 2012 13:28:39 +0000 http://www.thetruthaboutcars.com/?p=452183 Porsche’s soon-to-be 100 percent owner Volkswagen is making money hand over fist. At the same time, the German tax payer is contributing  43.67 million euros to the expansion of Porsche’s plant in Leipzig, Germany, where the new Macan will be made starting in 2014. This has attracted the attention of EU competition regulators. German authorities […]

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Porsche’s soon-to-be 100 percent owner Volkswagen is making money hand over fist. At the same time, the German tax payer is contributing  43.67 million euros to the expansion of Porsche’s plant in Leipzig, Germany, where the new Macan will be made starting in 2014. This has attracted the attention of EU competition regulators. German authorities […]

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Opel: Brüdelerle Denies Government Aid http://www.thetruthaboutcars.com/2010/06/opel-a-no-on-wednesday-a-maybe-on-friday/ http://www.thetruthaboutcars.com/2010/06/opel-a-no-on-wednesday-a-maybe-on-friday/#comments Wed, 09 Jun 2010 14:33:27 +0000 http://www.thetruthaboutcars.com/?p=358510 So today’s the day when the fate of Opel was to be decided – according to plan. The committee met today – and decided to decide nothing. They couldn’t come to a conclusion. They handed the decision to Minister Brüderle. Brüderle’s decision: Nein. No government money to Opel, reports Focus. There still is a glimmer […]

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So today’s the day when the fate of Opel was to be decided – according to plan. The committee met today – and decided to decide nothing. They couldn’t come to a conclusion. They handed the decision to Minister Brüderle. Brüderle’s decision: Nein. No government money to Opel, reports Focus. There still is a glimmer […]

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Germany Answering Opel’s Prayers? Not Exactly http://www.thetruthaboutcars.com/2010/05/germany-answering-opel%e2%80%99s-prayers-not-exactly/ http://www.thetruthaboutcars.com/2010/05/germany-answering-opel%e2%80%99s-prayers-not-exactly/#comments Tue, 25 May 2010 14:18:09 +0000 http://www.thetruthaboutcars.com/?p=357257 Pretty soon you’ll hear about a breakthrough for Opel, and that there will be state aid. If not, you’ve read it here first. In any case, treat the news carefully. Munich’s Süddeutsche Zeitung, usually well-informed in Opel matters, reports that the state of Thuringia offered help to Opel. The Süddeutsche calls it a “symbolic offer.” […]

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Pretty soon you’ll hear about a breakthrough for Opel, and that there will be state aid. If not, you’ve read it here first. In any case, treat the news carefully. Munich’s Süddeutsche Zeitung, usually well-informed in Opel matters, reports that the state of Thuringia offered help to Opel. The Süddeutsche calls it a “symbolic offer.” […]

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Opel: No Decision, No Money http://www.thetruthaboutcars.com/2010/05/opel-no-decision-no-money/ http://www.thetruthaboutcars.com/2010/05/opel-no-decision-no-money/#comments Wed, 12 May 2010 20:01:19 +0000 http://www.thetruthaboutcars.com/?p=356320 As expected, the Loan Guarantee Committee decided not to decide anything in their meeting at the Economics Ministry in Berlin. Opel had requested €1.3b in state aid from Germany. They are making the rounds in Europe to collect another €500m. Countries that committed money, such as the U.K., will only pay if Germany pays. „The […]

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As expected, the Loan Guarantee Committee decided not to decide anything in their meeting at the Economics Ministry in Berlin. Opel had requested €1.3b in state aid from Germany. They are making the rounds in Europe to collect another €500m. Countries that committed money, such as the U.K., will only pay if Germany pays. „The […]

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Opel: Will They Get Their Money Today? http://www.thetruthaboutcars.com/2010/05/opel-will-they-get-their-money-today/ http://www.thetruthaboutcars.com/2010/05/opel-will-they-get-their-money-today/#comments Wed, 12 May 2010 11:10:09 +0000 http://www.thetruthaboutcars.com/?p=356248 Today could be a big day for Opel. Probably, it won’t. The Loan Guarantee Committee is meeting in the Economics Ministry in Berlin. On the agenda: Opel’s request for €1.5b in state aid. The timing is not coincidental: Last weekend, elections were held in the Opel state of North Rhine Westphalia, which ended in a […]

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Today could be a big day for Opel. Probably, it won’t. The Loan Guarantee Committee is meeting in the Economics Ministry in Berlin. On the agenda: Opel’s request for €1.5b in state aid. The timing is not coincidental: Last weekend, elections were held in the Opel state of North Rhine Westphalia, which ended in a […]

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Germany To GM: No Money, No Honey http://www.thetruthaboutcars.com/2010/03/germany-to-gm-no-money-no-honey/ http://www.thetruthaboutcars.com/2010/03/germany-to-gm-no-money-no-honey/#comments Tue, 23 Mar 2010 12:21:12 +0000 http://www.thetruthaboutcars.com/?p=350043 Germany’s Economy Minister Rainer Brüderle poured cold water on hopes for a quick decision on state aid for GM’s ailing Opel. GM expects $2.5b in state aid to come from European countries, most of it from Germany. But Germany, represented by Reiner Brüderle, is dragging its heels. In February, the German government had sent GM a […]

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Germany’s Economy Minister Rainer Brüderle poured cold water on hopes for a quick decision on state aid for GM’s ailing Opel. GM expects $2.5b in state aid to come from European countries, most of it from Germany. But Germany, represented by Reiner Brüderle, is dragging its heels. In February, the German government had sent GM a […]

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