Peugeot & Citroen get French bailout

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Just in time to support the WRC and Le Mans series efforts of both companies. ;)

By LEILA ABBOUD

The French government announced that it would give €6.5 billion ($8.5 billion) in low-interest loans to struggling car makers Renault SA and PSA Peugeot-Citroën in exchange for pledges that the companies won’t close any factories or lay off workers in France for the duration of the loan.

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