EU Investigating French R&D Aid To Peugeot-Citroën For Hybrid Diesel Car

The European Commission has launched an in-depth inquiry to determine whether a €96 million (about $140 million) aid that France plans to grant to the Peugeot-Citroën PSA Group and other partners for the development of a hybrid diesel car (VHD) is compatible with EC Treaty state aid rules. While the Commission fully supports the development of less polluting cars, EU believes that Peugeot-Citroën