Newswire

Would be "fatal" not to help car firms-German finmin

BERLIN, Jan 30 (Reuters) - It would be "fatal" not to support the German car industry when competitors in the United States are receiving billions of dollars in government aid, German Finance Minister Peer Steinbrueck said on Friday.

Speaking in the Bundestag lower house of parliament, Steinbrueck said "every seventh or eighth" job in Germany was dependent on the car industry.

(Reporting by Dave Graham; Writing by Noah Barkin)