Tag Archives: Spain

Spain’s competition regulator probes alleged car cartel

Spain's competition regulator probes alleged car cartel

Spain’s antitrust regulator CNC said on Wednesday it is investigating possible price fixing in the country by automakers such as Volkswagen, Renault, Peugeot, Toyota, General Motors and Ford.

Spain will extend car scrappage scheme

Spain will extend car scrappage scheme

The Spanish government said it would extend a scrappage scheme that subsidizes purchases of new cars. The subsidies have tempered the fall in sales in the recession-hit country.

BMW will recruit trainees from Spain’s young jobless pool

BMW is recruiting a small number of unemployed young Spaniards to work in Germany in a program to “give something back” to its customer countries.

Twenty-five workers aged 18 to 25 will be trained for a year at the carmaker’s headquarters in Munich, BMW personnel chief Milagros Caina-Andree told Frankfurter Allgemeine Zeitung. “They should be immersed in German culture, possibly live with a BMW host family and work in development, sales, marketing or another area. After that, these young people can go back home or stay here,” she said.

European Woes Still Increasing

This news does not look good at all and the problems seem to be increasing, with more closures, firings and lay offs it only increases the number of unemployed which reduces the GDP per capita and just makes things even worse. Is there a light at the end of the tunnel, that is not a train coming straight at us?

Peugeot launches all-new 301 small saloon

Peugeot has unveiled the brand new 301 small saloon…but if you like the look of it, tough – you can’t have one. It won’t be sold in the UK.According to Peugeot, the 301 “is a clear illustration of the Marque’s internationalisation and demonstrates its desire to conquer new markets. It has been specifically designed to appeal to a wide customer base attracted by four-door saloons, which are both accessible and present an enhanced level of status.”