BUSINESS NEWS | Macron Wants France To Be Europe’s Top Clean Car Producer

PARIS | FRANCE – President Emmanuel Macron announced an 8 billion euro plan on Tuesday to make France the top producer of clean vehicles in Europe and urge French carmakers to make vehicles in their own country.

French car plants are only just starting to rev up production after the coronavirus lockdown, which hit the auto sector badly, and Macron wants to accelerate the transition to electric cars to help revive the industry.

‘We need a motivational goal: make France Europe’s top producer of clean vehicles by bringing output (up) to more than one million electric and hybrid cars per year over the next five years’, Macron told a news conference.

To achieve that goals, he said France would increase the state bonus for consumers buying electric cars to 7,000 euros from 6,000 euros.

But to help dealership sell the 400,000 vehicles left unsold because of the lockdown, Macron said people buying a traditional car would receive a 3,000 euro bonus under a scheme that would apply to three-quarters of households.

‘Our fellow citizens need to buy more vehicles, and in particular clean ones. Not in two, five or 10-years – now’, Macron said following a visit to a Valeo car parts factory in northern France.

No car model currently produced in France should be manufactured abroad, he said.

Renault, which produces its Zoe electric model in France, had pledged to make a future Renault-Nissan electric engine in France and not in Asia, as initially envisaged, he said.

The government will not sign off on a planned 5 billion euro state loan for Renault until management and unions conclude talks over the carmaker’s French workforce and plants in France, Macron said.


NEWS ALERT | In U.N. Debut, Saudi King Calls For Comprehensive Solution On Iran

NEW YORK  – Saudi Arabia’s King Salman bin Abudlaziz on Wednesday called for a comprehensive solution on Iran and disarming its affiliate Hezbollah in Lebanon, and expressed support for U.S. efforts to start talks between Israel and the Palestinians during his first address to the United Nations General Assembly. He said Iran has exploited a … Continue reading NEWS ALERT | In U.N. Debut, Saudi King Calls For Comprehensive Solution On Iran

NEWS | Saudi Deputy Defense Minister Hopes Peace Is Restored In Yemen Based On Riyadh Agreement

RIYADH | SAUDI ARABIA – Saudi Deputy Defense Minister Prince Khalid bin Salman said Tuesday that the Kingdom is looking forward to the establishment  of ‘comprehensive and lasting peace in Yemen through the implementation of the Riyadh Agreement’. On the occasion of the International Day of Peace, he said: ‘We look forward to the day … Continue reading NEWS | Saudi Deputy Defense Minister Hopes Peace Is Restored In Yemen Based On Riyadh Agreement

ARTS & CULTURE & ENTERTAINMENT | The New Digital – Art Museum Is Coming To Saudi Arabia

Saudi Arabia’s Ministry of Culture has announced a collaboration with international art collective teamLab to create a digital-art museum as part of the Kingdom’s Vision 2030. The museum will be located in Jeddah, and is set to be called TeamLab Borderless Jeddah and will open in 2023. The 10 – year collaboration agreement between Saudi … Continue reading ARTS & CULTURE & ENTERTAINMENT | The New Digital – Art Museum Is Coming To Saudi Arabia

FASHION | Billy Porter’s 2020 Emmys Ensemble Was Custom – Made By This Saudi Label

Billy Porter is known for his unapologetic style and statement red carpet looks. Despite this year’s Emmy Awards being held digitally, porter didn’t hold back from bringing his show-stopping outfits to the event, wearing a custom-made ensemble by Saudi label, Ashi Studio. The actor, who was nominated for the award for outstanding lead actor in … Continue reading FASHION | Billy Porter’s 2020 Emmys Ensemble Was Custom – Made By This Saudi Label

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