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Peugeot Citroen gets government rescue

2012-10-24 2 Dailymotion

The French government is to provide struggling carmaker PSA Peugeot Citroen with seven billion euros in financial guarantees. <br /><br />It is part of 11.5 billion euros in refinancing needed by Peugeot because its restructuring efforts have proved to be too little, too late to counter a dearth of buyers in Europe.<br /><br />...<br />http://www.euronews.net/

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