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 French term for 'Cash for Clunkers' as mentioned in the text?

What are the expected long-term effects on the automotive sector according to the text?