The Truth About Cars » banque psa http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Tue, 03 May 2016 20:50:04 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 PSA Peugeot Citroen Wins EU Approval For 7 Billion Euro Loan From French Government http://www.thetruthaboutcars.com/2013/07/psa-peugeot-citroen-wins-eu-approval-for-7-billion-euro-loan-from-french-government/ http://www.thetruthaboutcars.com/2013/07/psa-peugeot-citroen-wins-eu-approval-for-7-billion-euro-loan-from-french-government/#comments Wed, 31 Jul 2013 12:00:07 +0000 http://www.thetruthaboutcars.com/?p=497532 Europe’s second biggest automaker, PSA Peugeot Citroen, has gotten approval from the European Union for the French government to guarantee $9.28 billion (7 billion Euros) in bonds to provide Banque PSA Finance, the car maker’s finance arm, with funds so they can sell cars on credit at competitive interest rates. “We have arrived at a […]

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Europe’s second biggest automaker, PSA Peugeot Citroen, has gotten approval from the European Union for the French government to guarantee $9.28 billion (7 billion Euros) in bonds to provide Banque PSA Finance, the car maker’s finance arm, with funds so they can sell cars on credit at competitive interest rates. “We have arrived at a […]

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EU Approves Banque PSA Financing, Demands Total Restructuring http://www.thetruthaboutcars.com/2013/02/eu-approves-banque-psa-financing-demands-total-restructuring/ http://www.thetruthaboutcars.com/2013/02/eu-approves-banque-psa-financing-demands-total-restructuring/#comments Mon, 11 Feb 2013 20:28:48 +0000 http://www.thetruthaboutcars.com/?p=477222 After approving a $1.6 billion loan guarantee for PSA’s captive finance arm, the European Commission demanded a restructuring plan for all of PSA within six months. Reuters quotes an EU spokesman as telling the French government “We expect France to notify to us of a restructuring plan, not just for the banking arm but for the whole […]

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After approving a $1.6 billion loan guarantee for PSA’s captive finance arm, the European Commission demanded a restructuring plan for all of PSA within six months. Reuters quotes an EU spokesman as telling the French government “We expect France to notify to us of a restructuring plan, not just for the banking arm but for the whole […]

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