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French automaker Renault in December drew down an extra 1 billion of its 5 billion euro ($6.1 billion) government-guaranteed loan arranged because of the coronavirus crisis, Deputy Chief Executive Clotilde
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Renault finalized a 5 billion euro ($5.60 billion) loan on Wednesday from with the French government, boosting the automaker’s finances following the coronavirus crisis which has damaged the auto industry.
French Finance Minister Bruno Le Maire on Thursday stated that the government was yet to sign off on a planned 5 billion euro ($5.5 billion) loan for Renault. Le Maire
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