PICTURED ABOVE: Arnaud Montebourg, minister for industrial recovery, at a press conference in Paris, Wednesday, July 25, 2012. France plans to save car industry by going green “France isn’t abandoning its automotive industry,” Prime Minister Jean-Marc Ayrault said Wednesday after a Cabinet meeting on the plan. Hollande’s government hopes France can carve out a space for its auto industry by driving hard into environmentally friendly cars — a sector the country’s automakers are already prominent in. The plan includes a variety of measures aimed at rewarding companies that invest in green technology and drivers who buy environmentally-friendly cars. The main part of the government’s plan is to increase the rebates French consumers receive for buying an electric or hybrid car — no matter who makes it. The government estimates that it expects to pay out around €500 million ($600 million) in such rebates next year. (click-through for full story)

PICTURED ABOVE: Arnaud Montebourg, minister for industrial recovery, at a press conference in Paris, Wednesday, July 25, 2012.

France plans to save car industry by going green

“France isn’t abandoning its automotive industry,” Prime Minister Jean-Marc Ayrault said Wednesday after a Cabinet meeting on the plan.

Hollande’s government hopes France can carve out a space for its auto industry by driving hard into environmentally friendly cars — a sector the country’s automakers are already prominent in. The plan includes a variety of measures aimed at rewarding companies that invest in green technology and drivers who buy environmentally-friendly cars.

The main part of the government’s plan is to increase the rebates French consumers receive for buying an electric or hybrid car — no matter who makes it. The government estimates that it expects to pay out around €500 million ($600 million) in such rebates next year.

(click-through for full story)

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