Research (J&T BANKA)
World markets  |  December 21, 2012 09:06:14

Peugeot-Citroen: Banks extend loans, cooperation with GM

Syndicate of banks extended loans totaling EUR 11.5 billion financial division automaker Peugeot. Extension helped the recently obtained state guarantees of € 7 billion. Means to provide financial division carmaker to offer customers financing the purchase of a car.

Peugeot yesterday also more concrete cooperation with the American automaker General Motors. It should lie in the production of smaller cars and automakers expect from step joint annual savings of up to $ 2 billion. The original plan was extensive, it may also cover production of medium-sized cars.

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Peugeot-Citroen: Banky prodloužily úvěry, spolupráce s GM

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