France unveils £7.1 billion plan to rescue ailing car industry

France’s Government is injecting more than eight billion euro (£7.1 billion) to save the country’s car industry from huge losses wrought by virus lockdowns. It wants to use the crisis to make France the number one producer of electric vehicles in Europe. Starting next week, consumers can get up to 12,000 euros (£10,669) from the Government for buying an electric car under the “historic” plan unveiled Tuesday by president Emmanuel Macron. “Our country wouldn’t be the same without its great brands – Renault, Peugeot, Citroen,” he said. The president decried an...