Whirlpools World

THE EU has opened an investigation into Spain’s plan to grant 20.7 million euros to French carmaker Peugeot’s plant in the north-west of the country, concerned that this may break state aid rules.

Peugeot is investing about 500 million euros in new production lines for vehicles in the factory located in Vigo and also in improving the process.

The European Commission said the Spanish aid may have given the country an unfair advantage in attracting the Peugeot project.

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