FRANCE: Workers threaten to blow up parts factory
Workers at bankrupt French car parts factory New Fabris, which relies on Renault and PSA Peugeot-Citroen for 90% of business, are demanding EUR30,000 (US$42,000) in compensation from the two automakers or they will blow up the factory they are currently occupying.
CGT union official Guy Eyermann France Info radio: "Gas bottles have already been placed in various parts of the factory and are connected to each other. If Renault and PSA refuse to give us that money it could blow up before the end of the month."
The Chatellerault factory, which employs 360, is thought to house car parts worth some EUR2m, as well as a new Renault machine estimated at a further EUR2m, the union leader said.
"We are not going to let PSA and Renault wait until August or September to recover the spare parts and machines still in the factory," he warned.
"If we get nothing, they get nothing at all." The union has set a 31 July deadline.
Eyermann said two coachloads of workers had visited Peugeot headquarters last week and a similar delegation would visit Renault bosses and the French employment ministry on Thursday to try to negotiate a settlement.
They hope to force the state to put pressure on the carmakers, which both received public funds to help them through the global downturn.
New Fabris filed for bankruptcy on 16 June.
Value-added glazing products are becoming increasingly important in the automotive market, delivering greater functionality and adding a further growth dimension at a time when the industry needs it m...
Western Europe's car market is set to slide by over 10% in 2010 as the distortions caused by scrappage discounts unravel, according to analysts at JD Power Automotive Forecasting....
For some time, we've seen cockpit designers working on ways in which to display more information yet make the dash appear less complex. The general approach is to ensure that only the most essential i...
A surprise new player last night announced a bid for Saab in partnership with Formula One racing supremo Bernie Ecclestone, prompting the General Motors board to add at least a day to its deadline. An...
GM has confirmed it will sell its Nexteer Automotive business....
Czech car output rose to a record 970,000 units in 2009, up 3%, boosted by scrappage schemes in export markets, which helped offset the impact of the global economic crisis, the Association of Automot...
Dongfeng Motor Group December sales rose 74.8% year on year to 150,887 units in total with passenger car volume up 64.4% to 112,137 units....
Turkey's Oyak Group, already in an automaking partnership with Renault, confirmed it was in talks with the French firm about producing a new Clio model locally....
- THE WEEK THAT WAS: More musical chairs
- ANALYSIS: ZF puts in place a growth strategy
- ANALYSIS: Mercedes-Benz future model plans
- COMMENT: Tesla's Musk talks a good game
- VEHICLE ANALYSIS: MY2014 Peugeot 2008 1.2 VTi 82
- ZF to buy TRW after $13.5bn deal agreed
- PARIS DEBUTS: Honda Europe Jazz Prototype
- Alliance re-thinking EV battery strategy - report
- Jaguar "takes over London" for XE reveal
- Bosch taking over EPS JV with ZF
- Global Carsharing Market 2014-2018
- Bayerische Motoren Werke Aktiengesellschaft (BMW) - Financial and Strategic SWOT Analysis Review
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- OLED Display Forecasts 2014-2024: The Rise of Plastic and Flexible Displays
- PLDB - vehicle cycle plan database (annual subscription)