European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan
Green Car Congress
MAY 6, 2020
Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments. —Eric-Mark Huitema, Director General of ACEA, the automobile manufacturers’ association. The response to COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment.