Mexican Media Brands
EC Probes Slovakia’s Incentives for JLR Factory
The European Commission is investigating the legality of incentives to Jaguar Land Rover Ltd. given by Slovakia to help win an assembly plant in Nitra.
Share
The European Commission is investigating the legality of incentives to Jaguar Land Rover Ltd. given by Slovakia to help win an assembly plant in Nitra.
The €1.4 billion ($1.6 billion) facility is to begin making as many as 125,000 vehicles per year by the end of 2018. The factory is expected to employ 2,800 people and increase JLR’s global production capacity by about 25%.
Slovakia has agreed to provide about €125 million ($140 million) in aid—the maximum allowed by EU competition rules—over four years. But the Financial Times says the country also has offered to waive land transfer fees, which would exceed the limit.
JLR insists the incentive package is “in line with regional aid guidelines.” The company says it will work closely with the EC and Slovak government to resolve the issue.
RELATED CONTENT
-
Mustang Changes for 2018
On Tuesday Ford unveiled—using the social media channels of actor Dwayne Johnson (this has got to unnerve some of the auto buff book editors)—the 2018 Mustang, which has undergone some modifications: under the hood (the 3.7-liter V6 is giving way to a 2.3-liter EcoBoost four, and a 10-speed automatic is available), on the dash (a 12-inch, all-digital LCD screen is available for the dashboard), at the tires (12 wheel choices), on the chassis (MagneRide damper technology is being offered with the Mustang Performance Package), and on the exterior (three new paint colors). And while on the subject of the exterior, there are some notable changes—a lower, remodeled hood, repositioned hood vents, new upper and lower front grilles, LED front lights, revised LED taillamps, new rear bumper and fascia.
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
