The political and institutional crisis of France, the most serious since the foundation of the regime, between 1958 and 1962, has aggravated the crisis of the national car industry. Renault, historical builder, studies the transfer of part of its production to China.
Lucas de Meo, … President and General Director of Renault, has “informally” informed several media that “collaboration with Chinese manufacturers is crucial for European builders … installing in China we want to strengthen our global competitiveness and improve the implementation of our products in Europe.”
By knowing Renault’s projects and other large companies to abandon their national production to settle abroad, as a result of the increase in taxation and political and institutional crisis, Sophie Binet, general secretary of the CGT, the first French union, has declared : «The reaction of the great employers is indecent. The rats leave the ship ». Patrick Martin, president of the Mouve De Estruprises de France (Medef), the most important employer, includes Renault’s projects: “Those who can leave are right, given the crisis we are living.”
According to several media, French and Asians, Renault projects to build a research and development center in Shanghai, which will be the matrix of a new generation of cars destined for the European market. Some emblematic models of the first French builder, such as Twingo, will also begin to be manufactured in a girl, soon.
Renault was founded in Paris, between 1898 and 1899. His business history is confused with the industrial history of France. Not only has it been the first national automobile company. It has been, with Peugeot, also in crisis, a kind of national icon, which had an eminent position even during the two great world wars of the twentieth century.
In 1999 and 2017, Renault associated with Nissan and Mitsubishi, to get out of the crises of the time. Industrial and commercially installed in France, Brazil, Russia, Germany, Turkey, Italy, Spain, England, Algeria and Argentina, began to suffer a new crisis of a certain draft from 2020. A year later, the losses of the company reached 8,000 million euros.
The fall in sales and the increase in production costs have forced its president and general director, Luca de Meo, to make new strategic decisions. The increase in French taxation, a consequence of the great national budgetary crisis, have accelerated the projects to transfer part of their future services to China, the great rival of the American and European industries.
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