Global Trade Alert
Global Trade Alert

Spain: Government announces new support plan for the automotive sector (COVID-19)

Announcement

15 Jun 2020

In June 2020, the Spanish government announced the launch of a new support plan for the automotive sector. 

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 15 Jun 2020
Tax or social insurance relief

On 15 June 2020, the Spanish government announced the deduction applicable to the calculation of the Societies Tax (Impuesto de Sociedad, iP in Spanish) for RDI activities in the automotiv...

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Updated: 15 Jun 2020
State loan

On 15 June 2020, the government of Spain announced the 2021-2022 Re-industrialisation Programme (Programa Reindus in Spanish) will be EUR 1.8 billion (approx. USD 2 billion). Notably, the ...

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