The European Commission has approved under the EU Merger Regulation the acquisition of the...
The European Union (EU) is the world’s leading producer of motor vehicles. The automotive industry is one of the most significant contributors to the economy of the European Union. The presence of vast base of the automotive industry in the European Union has contributed largely to the prosperity of Europe.
The automotive industry in European Union is the largest provider of employment to people in Europe. The industry employs the largest number highly skilled labors and is a key driver of the Europe’s innovation and knowledge.
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