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EU OKs State Aid For Automakers, Sparking BMW Suit

By Lisa Ryan ( July 10, 2014, 3:55 PM EDT) -- Following the European Commission's announcement on Wednesday that it had approved €60 million ($81.6 million) in regional aid to help Volkswagen AG and BMW AG develop new passenger and electric vehicles, BMW reportedly filed suit Thursday claiming the EU had failed to deliver the full amount promised....

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