Automakers

France to help auto sector with measures worth $8.8 billion

Macron reuters.jpg
French President Emmanuel Macron said that no car model currently produced in France should be manufactured in other countries. (POOL New/REUTERS)
May 26, 2020 04:36 PM

PARIS -- The French government has pledged a total of 8 billion euros ($8.8 billion) to help the auto industry recover from the coronavirus crisis, including increased incentives for new electric vehicles and boosting a scrapping program to get higher-polluting older models off the road.

Staying current is easy with newsletters delivered straight to your inbox.