Macron Pledges New Autos Stimulus

The video discusses the excitement around a new Cash for Clunkers program, highlighting €1 billion in investments and subsidies, including a €5 billion loan for Renault. The program aims to boost demand by offering incentives for scrapping old diesel vehicles in favor of electric or hybrid ones. It also covers the French terminology for the program and its international nature. The discussion addresses the program's potential impact on the auto industry, which has faced a significant drop in demand, and the need for further support, including the EU recovery fund.

What is the total amount of new investments and subsidies mentioned in the first section?

• €1 billion

• €5 billion

• €6 billion

• €10 billion

What is the main goal of the improved 'Cash for Clunkers' scheme?

• To increase the production of diesel vehicles

• To promote the use of public transport

• To boost demand for electric and hybrid vehicles

• To reduce the number of diesel vehicles

How do you say 'Cash for Clunkers' in French?

• Subvention pour les voitures électriques

• Réduction pour les vieux véhicules

• Prime à la conversion

• Bonus de conversion

What challenge does the automotive industry face despite the new measures?

• Increased production costs

• Decreased demand

• Lack of skilled labor

• High fuel prices

Which proposed fund might help the auto sector in the long run?

• The World Bank's automotive fund

• The United Nations development fund

• The International Monetary Fund

• The European Union's recovery fund