Britain Rolls Out $3.2-billion Rescue Package For Automakers

The plan includes $1.4 billion in loans for investment in 'greener' vehicles. Officials avoid calling it a bailout. Britain unveiled a rescue package worth up to $3.2 billion for its beleaguered car industry Tuesday but conditioned some of the assistance on efforts by the automakers to become more environmentally friendly.

Topics:  britain   automakers   rescue package   billion   

 

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