Renault could disappear without a bail out – report

French car maker Renault “could disappear” if its €5 billion (AU$8.3 billion) government bail out application is not approved, according to the man in charge of signing off on the sum. France’s finance minister Bruno Le Maire made the prediction while speaking to Europe 1 Radio last week about Renault’s future. Further to the success of the bail out, Mr Le Maire detailed Renault’s need to “adapt” and “be competitive” in order to survive, according to news outlet Reuters.

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