Tuesday, January 12, 2010

A Turkish Renault?

Is Renault planning to outsource production of its Clio model to Turkey? The rumors have drawn a sharp response from the government, in the person of industry minister Christian Estrosi. "Don't try it," he warns. The state holds 15 percent of Renault. Neoliberalism meets politics. Who will win? I'll bet on politics in the short term and economics in the long. Frontal assault on the citadels of the state is not the way of big French business. These things are best handled quietly. It's better if plants seem to die natural deaths than if they succumb to assisted suicide.

1 comment:

FrédéricLN said...

The outsourcing is already quitte fully done, and 100% outsourcing has been planned and documented since (at last) months. The demonstrative anger of our Ministers and the "convocation" of Mr Ghosn at L'Elysée are just the usual TV show.