Automakers

France vows to support PSA, Renault in virus crisis

French Economy and Finance Minister Bruno Le Maire speaks during a news conference in Paris on March 18. Next to him are the government's spokesperson, Sibeth Ndiaye, and Minister of Public Action and Accounts, Gerald Darmanin. (POOL New/REUTERS)
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By:
Dominique Vidalon and Leigh Thomas
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By:
Reuters
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March 18, 2020 07:18 PM

PARIS -- The French government has told PSA and Renault they are entitled to help such as guarantees on loans and leeway on bills as it seeks to help companies cope with the fallout from the coronavirus pandemic.

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