Automakers

Renault aims to avoid renationalization, chairman says

"We may seek state guarantees like other companies," Senard told Le Parisien newspaper. (Marlene Awaad/Bloomberg)
R
By:
Reuters
March 22, 2020 08:46 AM

PARIS -- Renault may seek French government guarantees to bolster its finances in the face of the coronavirus crisis, but a renationalization of the automaker is not being considered, Chairman Jean-Dominique Senard told Le Parisien newspaper.

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