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The French government announced that it would give $8.4 million in low interest loans to Renault SA and PSA Peugeot-Citroen in exchange for pledges that the car makers wouldn’t close any factories or lay off workers in France for the duration of the funding.

Monday 9th February 2009

The French government announced that it would give $8.4 million in low interest loans to Renault SA and PSA Peugeot-Citroen in exchange for pledges that the car makers wouldn’t close any factories or lay off workers in France for the duration of the funding.

Nigel Freestone

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