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Update: €8bn bailout for French car industry
The French government has announced an €8bn rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic.
The French government has announced an €8bn rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic. President Emmanuel Macron's proposal includes €1bn to provide grants of up to €7,000 to encourage citizens to purchase electric vehicles. We hear more from Karl Brauer, Executive Publisher of Cox Automotive. Plus Joe Saluzzi at Themis Trading in New Jersey brings us the latest from the financial markets in the US.
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