natgillin/translations-raw huggingface dataset:
The French authorities consider that this strategy of in-house production is compatible with the Group's return to viability.
Njihova okrepitev bi nasprotovala zahtevi po sorazmernosti iz odstavka 47 smernic za reševanje in prestrukturiranje.
Financially, the operation will mean that the margin is brought in-house and will free the Group from exchange risks with Japan [41] and logistical costs/delays, without curtailing the PSA Group's ability rapidly to adapt to demand;
Glede na povabila k oddaji ponudb to velja tudi za predčasno ukinitev modela Citroën C6 ter neobnovitev modelov C6 in Peugeot 607.
lastly, the investment connected with the hybridisation systems is EUR [40-50] million during the term of the restructuring plan, i.e. less than [0-5] % of the planned total, a proportion that the French authorities consider to be very low.
Ukrep za ukinitev vozil z motorjem, večjim od dveh litrov, ter ukinitev razvoja in proizvodnje priključne hibridne tehnologije bo močno vplival na segment C.
It also concerns an emerging market (for which there is therefore no excess capacity).
Francoski organi poudarjajo, da so izravnalni ukrepi, ki jih predlaga PSA, znatni in bodo povzročili [0–2]*-odstotni padec tržnega deleža.
It is therefore also part and parcel of the approach taken by the PSA Group's restructuring plan.
POSAMEZNE PRIPOMBE GLEDE RAZLIČNIH PREDLAGANIH IZRAVNALNIH UKREPOV
Positive impact on the Group's sales and profitability
O zmanjšanju dodatnih naložb skupine PSA
According to the French authorities, the 50CO2Cars project should help to make the PSA Group's sales and profitability more dynamic after the restructuring plan.
Predčasna ukinitev modela Citroën C6 ter neobnovitev modelov Citroën C6 in Peugeot 607
In reply to the questions raised by the Commission in recitals 210 and 211 of the opening decision (on the advisability of a strategy giving priority to diesel rather than petrol engines) and in recital 216 (on the business plan for the 50CO2Cars project and the reliability of its underlying assumptions), the French authorities consider that the strategy pursued is not only legitimate industrially but will have a positive impact on the Group's sales.
Francoski organi menijo, da je bila neto marža kljub zmanjšanemu obsegu prodaje teh vozil večja od marže na podlagi prodaje drugih vrst vozil, zlasti marže na podlagi prodaje vozil segmenta B. Medtem ko priznavajo, da ta program ni bil dovolj donosen, je skupina PSA, da bi nadoknadila to pomanjkljivost, načrtovala partnerstvo v skupnem podjetju DPCA za trženje modelov C6 in 607 na Kitajskem.
Rather than developing a low-cost hybridisation technology for petrol engines, it is preferable first to invest in improving the ecological and energy-efficient image of diesel in order initially to ‘overcome consumers’ misgivings' and then to adapt [42] the results of the 50CO 2Cars project to petrol engines which could then be distributed by component suppliers throughout the world, thereby making the investment more profitable as a result of economies of scale.
Poleg tega francoski organi potrjujejo, da ni skupina PSA nikoli načrtovala ukinitve vrhunske palete od leta 2009.
The R&D work of the 50CO2Cars project will take place between 2013 and 2017, so that the first engines can be marketed between mid-2016 and early 2017 followed shortly thereafter by an economic hybridisation system.
Francoski organi menijo, da bo ta ukrep preprečil skupini PSA, da bi kapitalizirala svoje predhodne naložbe, in bo znatno zmanjšal njeno zmožnost konkuriranja v segmentu lahkih gospodarskih vozil.
Two discount rates (respectively [10-13]* % and [13-15]* %) have been used to calculate profitability, the second taking greater account of the recent rise in the cost of financing.
Modela Bipper/Nemo sta se do zdaj proizvajala v partnerstvu z družbama Fiat in Tofaș.
No revenue is included for the patenting of some of the results of the 50CO2Cars project.
Stopnja, ki jo je doseglo to partnerstvo, je PSA omogočila boljše poznavanje trga, proizvoda in mobilizirane proizvodne zmogljivosti.
Lastly, the volumes and sales prices of new diesel engines and hybrid powertrains have been estimated for different scenarios: a scenario ‘A’ in which the 50CO2Cars project is run with State aid, in which the sale of a hybrid vehicle would generate an additional margin estimated to be between EUR [200-300]* and EUR [300-400]* depending on the technological option (over and above the margin of EUR [2000-3000]* generated for the manufacturer by the sale of a segment B vehicle); a scenario ‘B’ in which the 50CO2Cars project is run without State aid, in which the margins are the same as in scenario A. The authorities point out, however, that this is a fictitious scenario that could not be achieved by the PSA Group (and is given solely for theoretical comparison purposes); a counterfactual scenario ‘C’ in which, as the 50CO2Cars project is not being implemented, an alternative project is run in which the additional margins are smaller (between EUR [100-200]* and EUR [200-300]).
Če se bo Komisija odločila, da ta predlagani izravnalni ukrep ne bo obvezujoč, bo poznavanje vseh teh informacij PSA omogočilo veliko večji strateški prostor za pogajanje o tržnih cenah domnevno donosnejše druge generacije teh modelov.
On the basis of these assumptions, the differential net present values (‘NPV’) [44] calculated for the ‘eDCT’ and ‘accessory facade’ products are as follows:
To donosnost bo najverjetneje izboljšal nedavni in prihodnji razvoj organizacije mestnega prometa, ki daje prednost lahkim gospodarskim vozilom.
Table 15
Ukinitev dizelskih vozil z motorjem, večjim od dveh litrov
Financial indicators for the 50CO2Cars project
Francoski organi poudarjajo, da je ta izravnalni ukrep zlasti pomemben, ker ima skupina PSA vodilno mesto na tradicionalnem trgu dizelskih vozil.
PSA Group
Francoski organi menijo, da so ta vozila pomembna za segmenta D in E, ki imata ključno vlogo pri podobi proizvajalčeve blagovne znamke in njegovi zmožnosti odziva na povabila k oddaji ponudb.
(comparison with respect to ‘counterfactual’ scenario C)
Skupina PSA meni, da ocenjeni učinek razvoja palete priključnih dizelskih hibridov zlasti na prodajo vozil z motorji, katerih prostornina je večja od dveh litrov, izhaja iz sedanjih trendov na trgu priključnih hibridov in zlasti iz napovedi družbe Volvo, da bo proizvodne cilje za priključni dizelski model V60 zaradi tržne uspešnosti leta 2014 podvojila na 10000 enot.
Scenario A
O prenosu zmogljivosti obrata Sevelnord konkurentu
(50CO2Cars with aid)
Francoski organi poudarjajo, da bo ta ukrep pomagal omejiti prisotnost skupine PSA na trgu, kar bo neposredno koristilo njenim konkurentom, saj:
Scenario B*
bo PSA skoraj 30 % svoje proizvodne zmogljivosti v obratu Sevelnord prenesla družbi Toyota,
(50CO2Cars without aid)
bo ta sporazum njenemu glavnemu konkurentu, družbi Toyota, omogočil dostop do trga, na katerem do zdaj ni bil prisoten, in razširitev njegove palete gospodarskih vozil,
eDCT
ta sporazum daje neposredno in gotovo konkurenčno prednost družbi Toyota, ker ji omogoča pridobitev velikega dela marže na vozila, ki so zajeta v sporazumu, ter strank in njihove lojalnosti na trgu, na katerem ni prisotna,
NPV at [10-13]*%
ta ukrep zadeva enega od trgov, na katerem je skupina PSA še posebej prisotna (21 % v skupini Evropa 30 leta 2011).
EUR [0-10] million
Francoski organi ugotavljajo tudi, da je skupina glede na gospodarsko oceno projekta ([0–5]-odstoten pozitivni običajni dobiček od prodaje, ki je v skladu z običajnimi pričakovanji PSA) nameravala izvajati projekt po referenčnem scenariju brez partnerja.
EUR [60-70] million
PSA zato meni, da bi lahko obrat Sevelnord uspešno in donosno posloval brez partnerja.
NPV at [13-15]*%
Francoski organi poudarjajo, da bi si bilo sporočilo za medije z dne 31. avgusta 2012 zaradi takratnih zaostrenih družbenih razmer treba razlagati previdno.
EUR [50-60] million
O ukinitvi razvoja in proizvodnje priključne hibridne tehnologije
EUR [90-100] million
Francoski organi menijo predvsem, da so nebistvene kakršne koli razprave o času izvajanja tega ukrepa, da bi bil opredeljen kot izravnalni ukrep ali ukrep, ki je potreben za ponovno vzpostavitev uspešnega poslovanja.
Accessory facade
Po njihovem mnenju je pri opredelitvi teh ukrepov pomembno, da lahko dejansko omejujejo kakršna koli izkrivljanja konkurence na podlagi pomoči.
+ EUR [30-40] million
Francoski organi ne nameravajo odgovarjati na vprašanja Komisije v zvezi s točnostjo ocenjenega učinka tega ukrepa, saj njene kritike o tem vprašanju niso dovolj eksplicitne.
EUR [20-30] million
Vsekakor menijo, da so predpostavke, na podlagi katerih je bil izračunan ocenjeni učinek tega ukrepa, skladne z najnovejšimi spremembami na trgu priključnih hibridnih vozil.
The French authorities conclude that, whatever the technological option chosen, the relative profitability of scenario B is always negative in comparison with scenario C, and therefore that, without public support, the 50CO2Cars project is ‘quite simply unachievable’.
Po mnenju francoskih organov proizvajalec ali dobavitelj komponent poleg tega ne bo mogel dodeliti licence za to tehnologijo glede na stopnjo razvoja trga in pomen te tehnologije kot merila razlikovanja pri konkurenčnosti.
The very limited nature of the NPV obtained in scenario A (slightly positive in comparison with scenario C at a discount rate of [10-13]* %, negative at a discount rate of [13-15]* %) show that these levels of relative profitability are proportionate to the objective of developing a first generation of innovation.
V primeru takega položaja pa se je skupina PSA pripravljena zavezati, da med izvajanjem načrta prestrukturiranja ne bo pridobila licence od tretje strani.
Lastly, the ‘50CO2Cars project’ entails four types of risk which should be largely offset by the planned State aid:
Francoski organi menijo tudi, da vplivov tega ukrepa ne izničuje projekt Avtomobili 50 CO2, saj je slednji povezan z (vrhunsko) tržno bazo in bazo strank, ki se razlikujeta od tistih, ki ju zadeva izravnalni ukrep, ter zagotavlja drugačno zmanjšanje emisij CO2 kot priključna hibridna tehnologija.
regulatory risks connected with the new cycle of type approval of diesel vehicles,
O določitvi največje stopnje prodora na trg za BPF
technological risks involved in overcoming the technological problems raised by the development of an affordable mild hybridisation technology,
Francoski organi poudarjajo predvsem, da je ta ukrep največji ciljni izravnalni ukrep in najboljši ukrep za odpravljanje potencialnih izkrivljanj konkurence, ki so neposredno povezana z dodelitvijo pomoči v obliki jamstva za BPF.
commercial risks connected with consumers' behaviour and their sensitivity to environmental problems,
Trdijo, da je omejitev stopnje prodora na trg na stopnji za drugo polovico leta 2012 z 1-odstotnim razponom spreminjanja nujna za razvoj stopnje prodora BPF na trg v skladu s potrebami skupine in za zmožnost BPF, da lahko izvaja sistemsko vlogo pri avtomobilski dejavnosti PSA.
financial risks, especially in the light of the constraints on the PSA Group's available liquidity.
Ob predpostavki, da se bo trend naraščanja stopnje prodora na trg med letoma 2001 in 2012 nadaljeval tudi med letoma 2012 in 2013, bo ta omejitev znatno omejila konkurenčno sposobnost BPF.
ON THE COMPENSATORY MEASURES
Po mnenju francoskih organov načrtovani razpon spreminjanja ne bo zmanjšal učinkovitosti in zavezujoče narave predlaganega izravnalnega ukrepa.
GENERAL COMMENTS ON THE CHARACTERISATION OF THE PLANNED MEASURES AS GENERAL COMPENSATORY MEASURES AND THEIR EXTENT
Glede na predvidljive tržne trende bo stopnja prodora BPF na trg sistematično zaostajala za eno leto in bo zato nižja od stopnje prodora na trg najbolj primerljivih konkurentov.
The French authorities consider that, in the opening decision, the Commission offers no precise evaluation of the alleged distortions of competition.
Kot odgovor na vprašanje Komisije so francoski organi poleg tega v nabor bank, izbranih za indeksiranje stopnje prodora BPF na trg, pripravljeni vključiti interni banki skupin Fiat in Ford.
The compensatory measures proposed by the PSA Group are therefore already more than adequate.
Po mnenju francoskih organov globalna narava zaveze PSA (za države G10 in ne glede na segment) ne bo omogočila razvoja agresivne trgovinske politike v nekaterih državah in v nekaterih segmentih, s čimer se bodo izničili učinki izravnalnega ukrepa.
Making them tougher would run counter to the requirement of proportionality set out in paragraph 47 of the Rescue and Restructuring Guidelines.
Poleg dejstva, da skupina PSA ne more prisiliti BPF k spremembi politike tveganja, ukrep za omejitev stopnje razširjenosti financiranja BPF zadeva predvsem segmentov B in C zaradi njune relativne teže v tehtanem povprečju prodora na trg (več kot […]* % finančnih sredstev, ki jih je BPF dodelila v zadnjih letih, ter povprečno […]* % finančnih sredstev, ki jih je BPF leta 2012 dodelila v Franciji, Združenem kraljestvu, Nemčiji, Španiji in Italiji).
They also consider that the planned compensatory measures cover segments B and C, contrary to the line taken in the opening decision.
PRIPOMBE ZAINTERESIRANIH STRANI
This is true of the measure to limit the penetration rate of BPF financing which concerns these two segments in particular.
Komisija je po izdaji sklepa o začetku postopka prejela pripombe petih zainteresiranih strani, tj. skupine PSA, podjetja, ki želi ostati anonimno (v nadaljnjem besedilu: anonimna tretja stran), družbe Fiat, skupine GM in družbe Toyota.
It is also true, from the point of view of calls for tender, of the early discontinuation of the Citroën C6 and the non-renewal of the C6 and Peugeot 607 models.
PRIPOMBE ANONIMNE TRETJE STRANI
Lastly, the measure to discontinue vehicles of more than two litres and the discontinuation of development and production of the hybrid plug-in technology will have a major impact in segment C.
Anonimna tretja stran je Komisijo obvestila o pomislekih v zvezi z nekaterimi poslovnimi ravnanji PSA.
The French authorities point out that the compensatory measures proposed by PSA are substantial: they will ultimately lead to a drop in market share of [0-2]* %.
Meni, da PSA daje prednost francoskim dobaviteljem komponent, s čimer škoduje nefrancoskim dobaviteljem.
SPECIFIC COMMENTS ON THE VARIOUS COMPENSATORY MEASURES PROPOSED
Ravnanje PSA v zvezi z dobaviteljem komponent Agrati France je po mnenju anonimne tretje strani precej zgovorno: PSA mu je pomagala, da se je izognil sodni likvidaciji, ki mu je grozila, ker je od nje kupoval proizvode po cenah, ki so bile veliko višje od tržne cene.
On the reduction of additional investment by the PSA Group
Po mnenju te anonimne tretje strani se je PSA kljub škodi, ki so jo povzročile težave v dobavi, odločila, da ne bo vložila tožbe proti družbi Agrati France, da ne bi povečala finančnih težav tega podjetja, ki je bilo že tako v težavah.
The early discontinuation of the Citroën C6 model and the non-renewal of the Citroën C6 and Peugeot 607 models
Anonimna tretja stran v svojih pripombah trdi, da odnosi med PSA in francosko vlado ter javna podpora, ki je predmet urejanja teh postopkov, kršijo pravila notranjega trga, zlasti tista, povezana s prostim pretokom blaga iz člena 34 PDEU.
The French authorities consider that, although the volume of sales of these vehicles has fallen, the net margin obtained was greater than the margin obtained from the sale of other types of vehicle, especially the margin from sales of vehicles of segment B. While they accept that this programme was not profitable enough, the PSA Group had planned, in order to make up for this shortcoming, a partnership with DPCA in order to market the C6 and 607 in China.
Meni, da je PSA, da bi pomagala družbi Agrati France, izkoristila svoje sodelovanje v skladu Fonds de modernisation des équipementiers automobile (v nadaljnjem besedilu: sklad FMEA [Sklad za modernizacijo dobaviteljev avtomobilskih komponent]) in ji posredno dodelila pomoč v višini 17 milijonov EUR.
Lastly, the French authorities confirm that the PSA Group had never planned to discontinue its high-end range from 2009.
Kot izravnalni ukrep anonimna tretja stran nazadnje poziva PSA, da se umakne iz sklada FMEA in se odreče kakršnemu koli finančnemu holdingu dobaviteljev ali distributerjev avtomobilskih komponent, dokler prejema javno pomoč, da povrne vsote, ki jih je dodelila družbi Agrati France, in začne izvajati pregleden in nediskriminacijski sistem izbire svojih dobaviteljev.
PSA discontinued only the R&D project for a new vehicle which would have been added to the C6 and 607.
PRIPOMBE DRUŽBE OPEL (IN SKUPINE GM)
The early discontinuation and non-renewal of the Bipper/Nemo model
V zvezi s tržnimi napovedmi skupina GM poudarja, da večina avtomobilskih proizvajalcev uporablja podatke inštitutov, kot sta Global Insight ali POLK.
The French authorities consider that this measure will prevent the PSA Group from capitalising on its prior investment and will substantially reduce its ability to compete in the light commercial vehicle segment.
V zvezi s projektom R in R Avtomobili 50 CO2 skupina GM poudarja, da vsi proizvajalci vlagajo v tehnologije, ki zmanjšujejo emisije plinov.
The Bipper/Nemo models have up to now been produced in partnership with Fiat and Tofaș.
Na splošno je težko predvideti, kako sektorsko uspešna bo ta raziskava v prihodnosti.
The stage that this partnership has reached has given PSA a better knowledge of the market, the product and the production capacity mobilised.
Predvideti je mogoče veliko tehničnih rešitev, kar velja tudi za hibridizacijo.
If the Commission decides not to make this proposed compensatory measure binding, knowledge of all this information will give PSA a much broader negotiating margin for the sale prices of a second generation of these models, assumed to be more profitable.
Poleg tega je to področje, na katerem bi lahko proizvajalci uspešno sodelovali, da bi dosegli ekonomije obsega.
This profitability is likely to be improved by recent and future developments in urban transport organisation where priority is being given to light commercial vehicles.
Po mnenju skupine GM pomoč v višini 85 milijonov EUR za projekt Avtomobili 50 CO2 ni visoka v primerjavi z odhodki za R in R v tem sektorju, vendar predstavlja nezanemarljiv znesek za projekt R in R, katerega namen je razviti blagi sistem hibridizacije.
The discontinuation of diesel vehicles of more than two litres
Skupina GM meni, da ta ukrep ob upoštevanju sedanjih tehnoloških negotovosti najverjetneje ne bi odvrnil konkurenčnega proizvajalca od razvoja lastnega programa R in R na istem področju.
The French authorities point out that this compensatory measure is particularly significant in so far as the PSA Group is the leader in the traditional diesel vehicle market.
V zvezi z vlogo internih bank avtomobilskih proizvajalcev skupina GM meni, da te brez dvoma olajšujejo prodajo vozil, saj strankam ponujajo privlačne finančne rešitve.
The French authorities consider that these vehicles are important for segments D and E, which play a key part in the manufacturer's brand image and its ability to respond to calls for tender.
Proizvajalcem ponujajo zelo prilagodljive načine pridobivanja kratkoročnih odzivov na avtomobilskem trgu.
As regards the estimated impact of the development of a diesel hybrid plug-in range, especially on sales of its vehicles with engines of a cubic capacity of more than two litres, the PSA Group considers that this is borne out by recent trends in the hybrid plug-in market and in particular by Volvo's announcement that it has decided to double the production targets for the V60 diesel plug-in model to 10000 units in 2014 in view of its commercial success.
Skupina GM meni še, da je PSA začela znatno zmanjševati zmogljivost, kar je po njenem mnenju težavno in večplastno.
On the transfer of capacity at the Sevelnord plant to a competitor
PRIPOMBE DRUŽBE FIAT
The French authorities point out first that this measure will help to limit the PSA Group's market presence to the direct benefit of its competitors as:
PONOVNA VZPOSTAVITEV USPEŠNEGA POSLOVANJA
PSA is to transfer close on 30 % of production capacity at the Sevelnord plant to Toyota,
Glede ponovne vzpostavitve uspešnega poslovanja se družba Fiat sklicuje na pripombe nekaterih analitikov, zlasti napovedi inštituta Global Insight, v katerih je predviden upad prodaje, ki mu bo v obdobju 2015/2016 sledila morebitna manjša in zelo postopna rast.
under this agreement, a major competitor, Toyota, will be able to gain a foothold in a market in which it has not up to now had a presence, and extend its commercial vehicle range,
Po njenem mnenju je za sedanjo krizo na avtomobilskem trgu krivo naslednje:
this agreement gives Toyota a direct and certain competitive advantage in so far as it enables Toyota to capture a large proportion of the margin on the vehicles covered by the agreement and to sign up customers and gain their loyalty in a market in which it does not have a presence,
močan pritisk konkurence na trgu, zlasti v segmentih množične proizvodnje, zaradi prihoda novih korejskih ter morda tudi japonskih in indijskih konkurentov;
this measure concerns one of the markets in which the PSA Group has a particularly large presence (21 % in Europe 30 in 2011).
delitev trga, na katerem omogočajo potencialne dobičke samo vrhunska vozila, na dvoje;
The French authorities also note that, in the light of the economic appraisal of the project (positive ordinary operating margin of [0-5] %, in line with PSA's normal expectations), the Group was intending to run the project in a reference scenario with no partner.
vse večja nagnjenost potrošnikov k izbiri nizkocenovnih proizvodov;
PSA therefore considers that the Sevelnord plant could be viably and profitably run without a partner.
pomanjkanje obetov v verjetnost vzpostavitve predkriznih ravni prodaje in
The French authorities point out that the press release of 31 August 2012 should be read with caution in view of the very tense social context at that time.
presežna strukturna zmogljivost evropskih proizvajalcev.
On the discontinuation of development and production of the hybrid plug-in technology
PROJEKT AVTOMOBILI 50 CO2
The French authorities consider first that any discussion of the time of implementation of this measure in order to characterise it as a compensatory measure or a measure needed to restore viability is irrelevant.
V zvezi s projektom Avtomobili 50 CO2 družba Fiat kljub pomanjkanju informacij meni, da se zdi cilj dosegljiv.
In their view, what is important in characterising these measures is that they are actually able to limit any distortions of competition arising from the aid.
Družba Fiat pri tem poudarja, da bi lahko strošek enega vozila, ki uporablja tovrstno tehnologijo, omejil njegovo uveljavitev na trgu, ker bi bile tržne cene visoke in bi bilo proizvajalcu težko zaslužiti na podlagi prodaje.
The French authorities do not intend to reply to the Commission's questions as to the accuracy of the estimated impact of this measure as its criticisms on this matter are not explicit enough.
Po mnenju družbe Fiat so cilji v zvezi z emisijami CO2, ki jih je Evropska komisija postavila za leto 2020, resnični izziv vseh proizvajalcev.
In any case, they consider that the assumptions from which the estimated impact of this measure was calculated are in line with the most recent developments in the hybrid plug-in market.
Za njihovo izpolnitev je treba upoštevati večplastni pristop R in R in ne le tistega, ki se osredotoča na en sam projekt R in R za razvoj ene same tehnologije, kar (po mnenju družbe Fiat) velja za projekt Avtomobili 50 CO2.
In the view of the French authorities, moreover, a manufacturer or component supplier will not be able to grant a licence to this technology, in view of the stage of development of the market and the importance of this technology as a differentiating factor in competition.
Vstopa pa ne preprečuje niti tehnološki napredek v okviru projekta Avtomobili 50 CO2.