Ford Back in France
France and local governments invested €125 million in the project to build automatic transmissions, and Ford agreed to keep employment at its reacquired facility at 1,000 jobs for five years.
French Auto Makers Push New Strategies, Despite Roadblocks
Renault is trying to fill its French factories again, after recently moving some production to other markets, while PSA tries to persuade the European Union that it has not received non-competitive help from France in the form of a E7 billion loan guarantee.
Citroen Woos China With Premium DS Brand
The “Wild Ruby” DS concept will be the star of the Citroen stand at the Shanghai auto show next week. The brand is tying itself to the tradition of French luxury, saying the SUV was “conceived in Paris, capital of fashion and jewelry.”
PSA Tops French Patent-Application List Again
Eighty of the auto maker’s patent applications are for the Hybrid Air project. The system improves mild-hybrid powertrains by recovering energy as compressed air and reusing it as quickly as possible with the next acceleration.
France Light-Vehicle Sales Slide 15.4% in March
The CCFA auto industry association continues to maintain its outlook for the year that calls for a 5% decline, meaning the market is expected to bottom out and begin recovering sometime in the next nine months.