June 11, 2020 / 6:56 AM / a month ago

French minister hopes for French auto industry recovery in June, July

PARIS, June 11 (Reuters) - French Finance Minister Bruno Le Maire told LCI television on Thursday that he hoped the country’s automobile industry, which has been hit hard by the coronavirus crisis, would report stronger figures over the months of June and July.

Earlier this month, Renault finalised a 5 billion euro ($5.7 billion) loan with the French government, strengthening the carmaker’s finances in the wake of the coronavirus pandemic.

$1 = 0.8808 euros Reporting by Sudip Kar-Gupta; Editing by Edmund Blair

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