Wednesday, September 12, 2012

Sartorius Report

The Sartorius Report on the status of the auto maker PSA (Peugeot) blames poor management for the loss of market share in Europe:

Management may be to blame, but Emmanuel Sartorius is in no doubt that the company must shed workers in order to survive (and perhaps be acquired by another firm, its most likely fate at this point). And the government is--rightly, I think--not putting up a fight. It will seek to create new opportunities for the workers idled at the Aulnay site, but it won't try to force PSA to keep the plant open. L'État ne peut pas tout. Jospin lost the presidency because he said this out loud, but it remains true. Some potential investments are bad investments and should be avoided.

1 comment:

Anonymous said...

http://www.marianne2.fr/sarkofrance/Aulnay-et-si-Hollande-avait-raison-mais-plus-le-choix_a964.html