The government is finalizing the auto support plan to be announced early next week. And this will not only concern electric cars…
Yes, you know the context: sales collapsed by almost 90% during the confinement and the manufacturers have accumulated gigantic stocks worth 10 billion euros: 400,000 cars clutter up the dealerships' garages! We no longer know where to put them. Stocks that must absolutely be sold, if not restarting factories, crucial for employment, will only aggravate the problem. Hence the aid measures which must come into force at the beginning of June: if you want to buy a car, now is the time.
So which models should we go to?
Electric, but not only. The arbitrations will be made this weekend but good sources we are told first that on the electric, the bonus could go from 6000 to 8000 euros. The aid will also apply to plug-in hybrids, not just 100% electric models. Business fleets, very large market, will also be helped. Finally, and this is a crucial point for the sector, the latest thermal models should also benefit from aid. In exchange, the manufacturers would commit to the location of certain activities in France. This assistance plan is also a plan to support employment: the manufacturers employ and their subcontractors employ 400,000 people and the distributors 200,000… It makes people busy!