French carmakers will receive a government bailout of up to €6 billion (£5.5 billion) in return for pledging to keep factories in France open, Francois Fillon, the Prime Minister, said today.This includes Renault, Peugot, and Citroen.
Here is an interesting comment attributed to Carlos Ghosn:
He urged lower taxes for French-made cars and a tax hike on imported cars, claiming that French vehicles cost on average Euro1000 more than foreign rivals because of French fiscal rules.
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