Peugeot parent secures further 3 billion euros of loans
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PARIS (Reuters) - Peugeot-owner PSA said on Monday it had secured a further 3 billion euros ($3.3 billion) of loans, strengthening its financial position in the wake of the hit to the global automotive industry from the coronavirus crisis.Carmakers worldwide have been badly affected by the health crisis, first as production stalled in China, where the virus originated, and now as it spreads in Europe, where some governments have ordered unprecedented lockdowns to contain it.Last month agency..