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French car manufacturers are unhappy

On the weekend opened the car showroom in Paris. An opportunity to celebrate the French car manufacturers do not normally take leave. This time, the mood is gloomy. The fair comes for PSA Peugeot and Renault at an inconvenient time. You fear for your sales figures due to the global financial crisis.

In Spain, the United States and Britain is the sales caved. In Brazil, China and India will be a decline in demand expected. French President wrestles with the boss of Renault on the promise that the work Sandouville in the not too close. There, at Le Havre, is not doing too well. The sale of the new Renault Laguna is running slow, now have 1,000 positions should be deleted. In union circles is speculation that the plant should be closed. Renault builds in France alone from 5,000 overhead positions. The return on sales, and sales figures for 2009 can still most likely not be met.

To the auto industry Sarkozy wants to send one of the many tax cuts in France. From next year, the farms because of the tax relief competitive. Meanwhile hopes on the new Renault Megane.

Citroen is also not better off. Soon, the production in the major French works for two weeks may be the reduced production by 32,000 cars. The reason is that in Western Europe, sales decreased by 17% is alone in Spain increased by 40%. The termination of temporary workers, which in the recent past by car manufacturers has been practiced, is already being felt in the unemployment statistics.

The car sales in the EU fell from June 2007 to June 2008 decreased by 16% and met all car manufacturers. Even the Germans are not well off. BMW has a drastic austerity program with an extensive job cuts of 8,000 jobs announced and some rumors that Daimler is in mid-October expecting a profit warning. The financial crisis is now fully on the real economy.

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Posted in Business & Politics, Cars. Tagged with , , .

By admin
December 17, 2008

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