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Starting next week, consumers will receive a government subsidy of up to 12000 euros for every amount of electric cars they buy.
Mr Macron said that without great brands such as Renault, Peugeot and Citroen, the country would not be what it used to be. He said he would promote France as Europe's leading producer of environmentally friendly cars.
French economy and Finance Minister Le Meier said that if the government does nothing, Renault will be in danger. He stressed that Renault's transformation was "indispensable". Renault is still in discussions with the government on specific operational issues. It is reported that the 8 billion euros plan to revive the auto industry does not include the 5 billion euros of support previously announced by the government to Renault.
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