Ford applies for German coronavirus state aid: Handelsblatt

Ford applies for German coronavirus state aid: Handelsblatt

U.S. carmaker Ford has applied for 500 million euros (US$581 million) of German loan guarantees aimed at helping domestic companies hit by the fallout from the coronavirus pandemic, business daily Handelsblatt reported on Monday.

FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt
FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay

FRANKFURT: U.S. carmaker Ford has applied for 500 million euros (US$581 million) of German loan guarantees aimed at helping domestic companies hit by the fallout from the coronavirus pandemic, business daily Handelsblatt reported on Monday.

(Reporting by Vera Eckert; editing by Thomas Seythal)

Source: Reuters

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