⁍ French carmaker PSA PEUP.PA has offered to increase the production capacity for Japanese rival Toyota 7203.T.

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⁍ The European Commission is worried that the deal may harm competition in small vans in 14 EU countries and Britain.

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– French carmaker PSA has offered to raise production capacity for Toyota in order to win EU approval for its proposed acquisition of Fiat, sources tell Reuters. The plan would see PSA sell some of its production capacity to Toyota, which is worried that the deal would harm competition in the small van market in 14 EU countries and Britain. The European Commission is worried that the deal may harm competition in small vans in 14 EU countries and Britain. The car makers earlier on Friday submitted their proposal to the EU competition enforcer.