Tag Archives: automobile EU

France, Development Platform for Low-Carbon Vehicles

At the heart of a market set to account for 30 to 40% of new vehicles by 2025, and 20% from as early as 2020, pure electric cars (battery-run) and hybrid rechargeable cars, with extendable battery life or fuel-cell battery, … Continue reading

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Magna produces 130,000 vehicles in Austria

The Magna subsidiaries in Austria featuring the assembly plants and the vehicle factory in Graz generate about one-fourth of the company’s European revenues.  Some 130,000 vehicles came off the production line of Magna Steyr in Graz in 2011, namely the … Continue reading

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Mergers: Commission approves acquisition by Volkswagen of KPI Polska, Skoda Auto Polska, VW Bank Polska and VW Leasing Polska

Brussels, 19 December 2011 – The European Commission has cleared under the EU Merger Regulation the proposed acquisition by Volkswagen AG of the exclusive importers and distributors of its passenger car and light commercial vehicle (“LCV”) brands in Poland (KPI … Continue reading

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International agreed rules to speed up introduction of electric vehicles

Brussels 17 November 2011 – The introduction of electrical cars will get a further boost with an international agreement promoted by the European Union, the United States and Japan in Geneva (Switzerland) today. The partners agreed to closely cooperate on … Continue reading

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