Peugeot will receive no aid without concessions, says French industry minister "We have a real problem with Peugeot's strategy, the alliance with General Motors, the behaviour of its shareholders," he told French radio. On Wednesday, Christian Noyer, the head of France's central bank, said Peugeot's problems illustrated France's lack of competitiveness, which needed to be addressed by new French president Francois Hollande. Mr Montebourg said the government was preparing support plan for the auto sector, including Peugeot. "We are leaning towards forms of mass support for innovative and clean vehicles, hybrids and electrics," he said. "We have with this a very strong competitive advantage in France, with our French manufacturers," he said. We want to push this advantage to ultimately support manufacturers working on French territory. A survey of French dealerships showed on Tuesday that car orders dropped by 16pc in June, after a 10pc decline in May.