Business

France approves five billion euro emergency loan for Renault

The French government said Tuesday that it had signed off on a state-backed loan of five billion euros ($5.6 billion) for carmaker Renault, where the coronavirus crisis has compounded months of management turbulence and prompted ...

Business

Opel slashes hours amid German carmaker gloom

German carmaker Opel said Tuesday it would slash hours for workers at its main factory, highlighting a car industry hit by falling demand and a challenging technological transformation.

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