Research (J&T BANKA)
Markets  |  November 09, 2012 09:28:04

The EC has provided targeted assistance to the automotive industry


The European Commission yesterday failed to provide targeted assistance to the automotive sector in Europe. Commission merely stated that increased to twice (2 billion) support research and development in the sector for the period 2014 - 2020. From this step, we expect only minimum frequency positive impact on the financial situation of European automakers. About any significant help in trouble asked automakers including Peugeot. Peugeot shares lost 6.3% yesterday.

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EK neposkytla adresnou pomoc automobilovému průmyslu

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