France's Sarkozy to meet struggling carmakers

Newswire

By Yann Le Guernigou

PARIS, Dec 15 (Reuters) - French President Nicolas Sarkozy meets senior automobile industry executives on Monday to discuss aid plans for a sector that is slashing jobs in response to a dramatic fall in sales.

Like their counterparts across the globe, France's carmakers have been hit full on by a sharp downturn in demand as the financial crisis has spread to the manufacturing industry and thousands of jobs are expected to be lost.

"2009 will ...

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