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Spain to offer subsidised loans to boost its green car industry

The European Union has reportedly granted Spain permission to offer another series of low-interest loans to automakers operating within its borders. The money is to be used to further various automaker's investments into products that meet the EU's environmental standards, which seems like a pretty broad standard to us. These loans are in addition to the €4 billion (£3.7 billion, $5.3 billion U.S.) of monetary assistance the Spanish government offered automakers for the protection of jobs and to minimize plant closures. There was ... Read more →

Spain announces $5.3 billion in aid for domestic auto industry Jeremy Korzeniewski

Click above for a high-res gallery of the 2009 Seat Ibiza Ecomotive The United States, the United Kingdom and France have already announced plans to stimulate the ailing automakers and suppliers ...

Spain to offer subsidised loans to boost its green car industry 8 months ago on Autoblog Green

Spain announces $5.3 billion in aid for domestic auto industry 9 months ago on Autoblog Green

Click above for a high-res gallery of the 2009 Seat Ibiza Ecomotive The United States, the United Kingdom and France have already announced plans to stimulate the ailing automakers and suppliers that do business in their countries, so it's not too surprising to hear that Spain has joined in the ...

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