Spain launches a $4.2 billion coronavirus auto industry stimulus package - Business Insider

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Spain launches a $4.2 billion coronavirus auto industry stimulus package

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Spain was one of the countries to be hit very badly by the pandemic early on, leading to a strict lockdown. Some of the funds will also be invested in replacing existing cars that are older than 10 years with more energy-efficient and newer models. Bernstein says buy these 7 stocks that are unfairly beaten-down and built for explosive gains in the future

 

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Spain has an auto industry? What car do they manufacture, the Fiesta?

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Spain plans 3.7 billion euro auto sector aid package, says PMSpain plans a 3.7 billion euro aid package for its automobile sector, hit hard by the coronavirus pandemic, to promote investment and the purchase of vehicles, specially electric models, Prime Minister Pedro Sanchez said on Sunday. Spain has no plans for a covid19 economy or sustainable communities Impressed that he is wearing a mask..
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