Business Green: The European auto industry has today announced that it is to lobby the EU for a 40bn “green” bailout package designed to stimulate demand for new cars and help fund the development of low carbon vehicles. Having seen its attempts to delay proposed car emission standards for 2012, rejected last month by the European Parliament’s environment committee, the European Automobile Manufacturers’ Association (ACEA) is now calling on the EU to help fund its members’ efforts to comply with the …