Tuesday, January 20, 2009

More Automotive Infusions

From The Times (of London, of course)
French carmakers will receive a government bailout of up to €6 billion (£5.5 billion) in return for pledging to keep factories in France open, Francois Fillon, the Prime Minister, said today.
This includes Renault, Peugot, and Citroen.

Here is an interesting comment attributed to Carlos Ghosn:
He urged lower taxes for French-made cars and a tax hike on imported cars, claiming that French vehicles cost on average Euro1000 more than foreign rivals because of French fiscal rules.

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