French Car Makers to Repay State Loans Ahead of Time

French carmakers Renault and PSA Peugeot Citroen said Friday they each plan to pay back a third of their three-billion-euro (3.8-billion-dollar) state loans ahead of time. The state provided six billion euros in loans to the carmakers in April 2009 to help them survive the economic crisis.- AFP

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.