World : France to Put $2 Billion Into Renault
- Share via
PARIS — The government has decided to proceed with a $2-billion capital injection for Renault, the state-owned auto maker, the Industry Ministry announced today.
The announcement was the latest development in a dispute between France and the European Economic Community over France’s plans to make Renault solvent by easing its debt burden. The EEC’s executive commission wants Renault operated as a normal company rather than a government authority. The French agree but want to make sure they can continue to finance the company.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
More From the Los Angeles Times
Podcasts
In this episode, we discuss the history here, what lessons were learned — and not — and how that can inform what we we do this time around as we attempt to rebuild Altadena and the Pacific Palisades.
This week’s episode covers the sentencing and future legal proceedings for “The Ketamine Queen” — the doctor who pled guilty to supplying Matthew Perry with ketamine.
This week, “A Matter of Degrees,” hosted by Dr. Leah Stokes & Dr. Katharine Wilkinson, discuss how insurance companies are failing to accommodate for the impacts of climate change.
