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Ford applies for COVID-19 loan guarantees in Germany

AMB News Reporter

News Reporter
Filed under: Earnings/Financials,Government/Legal,Ford

Ford Motor , which operates two auto plants in Germany, has applied for 500 million euros ($582 million) of German loan guarantees aimed at cushioning the impact of the COVID-19 pandemic, business daily Handelsblatt reported on Monday. While Germany has given coronavirus-related aid to companies such as auto parts supplier Leoni , Ford would be the first major carmaker in the country to receive such help from the government. The auto sector, one of the key pillars of Germany's
Continue reading Ford applies for COVID-19 loan guarantees in Germany

Ford applies for COVID-19 loan guarantees in Germany
originally appeared on Autoblog on Mon, 28 Sep 2020 09:03:00 EDT. Please see our terms for use of feeds.

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