Renault – loan of 400 million

Published 07/05/2009 à 19:34

Pierre Tassel

  Comment on this article! 0

The European Investment Bank (EIB) has approved loans worth
of 3 billion euros intended to help the automotive sector in its transition
towards cleaner and more fuel-efficient technologies.
For Renault, this represents a loan of 400 million euros.
This loan will make it possible to maintain strategic investments in a context
credit crisis and sudden drop in automobile markets (decline of 21,1%
cumulative sales worldwide since the beginning of the year).

Comment on this article! 0

Read also

Comments

0 Comment (s)

Write a comment