French government to help out France's car industry?
French government to help out France's car industry?
Author
Discussion

FourWheelDrift

Original Poster:

91,809 posts

307 months

Tuesday 28th November 2006
quotequote all
GP.com said:

Renault may be doing well in F1 and Citroen in the World Rally Championship but both Renault and PSA Peugeot Citroen are suffering from falling sales and this is creating worries for the companies and for France. This is now getting to the point at which Prime Minister Dominique de Villepin has had talks with Renault and PSA Peugeot Citroen bosses in preparation for a new plan to help the companies involved - and their suppliers. De Villepin had a meeting also with 10 automotive suppliers.

With European laws being as they are, direct assistance is going to cause trouble but the government could use schemes such as the "Prime Balladur" in the 1990s when the French government paid car owners to trade in cars that were more than eight years old and replace them with new models. This improved the environment, made the cars safer and sold more cars. There are also possible tax incentives on different fuels - notably biodiesel - which could boost sales.

castex

5,082 posts

296 months

Wednesday 29th November 2006
quotequote all
Non mais franchement, ils exaggerent!

FossilFuelled

4,217 posts

238 months

Wednesday 29th November 2006
quotequote all
At least they're supporting their industry and workers. Way more than some governements would be willing to do.

Zod

35,295 posts

281 months

Thursday 30th November 2006
quotequote all
FossilFuelled said:
At least they're supporting their industry and workers. Way more than some governements would be willing to do.

it's illegal ffs!

215cu

2,956 posts

233 months

Friday 1st December 2006
quotequote all
Not so. The EU has rules that the national government can offer assistance in bringing new model to production by giving loans for the development of them.

meno-porsche

228 posts

269 months

Monday 4th December 2006
quotequote all
Shock, horror - I am amazed!!

So just like the help they give Airbus, their ship building firms and defence companies.

Good job they are not part of the EU otherwise they would be in trouble from the Commission .......... what a minute!!

Oh never mind, also long as we continue to pay VAT the EU Commission can continue to give large piles of our cash to bale (pun intended) out French Farmers - who can intern burn our sheep. I wonder what the emission chargers on sheep burning will be in future.

Why is goverment so crappy and unfair to the people who elect them.

Now about to have a little cry.

Depressed from Salisbury.

thunderbelmont

2,982 posts

247 months

Wednesday 6th December 2006
quotequote all
Historically, when our government has "assisted" our car makers, they usually go bust big time within a few months. They have the anti-Midas touch - turning gold to sh1te.

But this is typical of those pesky Frenchies thinking only of themselves. Fancy the uproar if the US Government were to subsidise any of their industries. What? They do? Oh no! But then again, their industries "own" their government anyway through their brown envelope schemes where companies sponsor the election campaigns of congressmen, senators, and governors.

With regard to agricultural subsidies, while the market is meddled with by the US and the EU, each trying to out-do each other, they will have to maintain those subsidies for agriculture to survive and feed the population. But that's another story.