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French new car orders slumping by up to 90% since new lockdown - government source

Reuters
Paris during the second national lockdown due to the spread of COVID-19 infection

PARIS (Reuters) - French new car orders have fallen by 70 to 90 percent since the new national lockdown put in place a week ago by the government to stem the spread of the new coronavirus, a French finance ministry source told journalists.

Aid measures set up to help people buy new cars, especially more environment-friendly ones, will be extended for a further six months, to July 1st, the source added.

(Reporting by Gilles Guillaume; Writing by Benoit Van Overstraeten; Editing by Sudip Kar-Gupta)