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Image header Agence Europe
Europe Daily Bulletin No. 10183
Contents Publication in full By article 32 / 35
GENERAL NEWS / (eu) eu/eib

€200 million to PSA Peugeot Citroën for development of plug-in hybrid vehicle

Brussels, 16/07/2010 (Agence Europe) - Philippe de Fontaine Vive, Vice-President of the European Investment Bank, and Frédéric Saint Geours, Executive Vice President of Finance and Strategic Development at PSA Peugeot Citroën, signed a €200-million loan agreement on Thursday 15 July 2010 to finance the carmaker's programme to develop plug-in hybrid vehicles.

Representing a total outlay of €400 million, the programme is part of the group's ongoing investment in R&D and is also aligned...

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