Spain’s Auto Industry to Get $4.2 Billion in Government Stimulus

  • Funds earmarked for industry’s value chain, energy-saving cars
  • Prime Minister Sanchez announces program on Monday in Madrid

Photographer: Angel Navarrete/Bloomberg

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The Spanish government unveiled a 3.75 billion-euro ($4.2 billion) stimulus program on Monday for the country’s car industry, Europe’s second-biggest.