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9/28/20

Ford applies for COVID-19 loan guarantees in Germany

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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

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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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