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Company News

Merkel says auto industry has enough government support

BERLIN, Sept 3 (Reuters) - German Chancellor Angela Merkel on Thursday said her government’s coronavirus relief package contained a lot of help for the country’s automobile industry after her conservative CSU allies renewed a proposal for incentives for petrol cars.

Germany has a multi-billion-euro recovery plan to spur clean driving, with incentives for electric cars. But the government this year has rebuffed the auto industry’s lobbying efforts and stopped short of launching a scrappage scheme to boost sales of new combustion-engine cars. (Reporting by Thomas Seythal and Madeline Chambers)

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