AMERICAN AND FRENCH CAR MANUFACTURERS: PURGING WITHOUT IMAGINATION?

The hardening of the plan of reorganization of Ford didsuccess of its new Punto.
not convince anybody, and especially not the financialThe example of FIAT shows consequently that hopes
markets. How else could it have been if theof rebound exist in the automobile sector. At the same
manufacturer has adopted a traditional strategy oftime, the margin of error narrows more and more, in
reduction of the costs? Admittedly, this purging willparticular as regards launching of new models,
inevitably have a positive impact on the accounts. But itbecause the competition is increasingly wild on the
is not likely to start it again if Ford is on the way of themarket, in particular in Western Europe. And there are
development whereas its marketshares decreasethe French manufacturers who are going to face the
unrelentingly on the other side of the Atlantic. A reportsame problems, as the last figures of the European
which is also worth for its large American competitormarket prove. Admittedly, the situation of Renault and
General Motors. The fact that GM removed, during tenPSA is not comparable with that Ford and General
last years, 60 % of its manpower did not draw it fromMotors. However, the problems start to accumulate:
the rut.loss of marketshares, failure of certain models
For the American manufacturers, the report is clear:(Peugeot 1007, the Citroen C3 Pluriel), underutilization of
their offer does not answer the expectations of thethe facilities, too great dependence on the European
market. Their enormous 4×4 is penalized by themarket, without forgetting the departure of the PSA
rise of the gasoline. They are not present enough onchairman.
the segment in growth of the "crossover", theseImportant strategic choices will undoubtedly have to be
4×4 equipped with a truck motorization. And,made in the near future which, taking into account the
next to them, the Asian ones (Toyota, Honda, Nissan,place of the car industry in the French economy, will
Hyundai) show more inventiveness in increasinglybe perhaps full of consequences. Two questions in this
required vehicles of niche. Because, in the car as inrespect. The first regards the negotiations which are
other industries, such as the pharmacy or technologiescurrently being carried out between Renault-Nissan
information, the key of success resides more thanand General Motors: is American the best possible
ever in the innovation, the capacity to put quickly onpartner, knowing his difficulties? In the opposite
the market original and effective products. Thus FIAT,direction, is the splendid isolation of Jean-Martin Folz at
which one did not give chances of rectification not soPSA the good solution when the Volkswagen group is
long time ago, today is having a spectacularseen, reinforced by Audi, Seat and Skoda, today's
come-back success thanks in particular to theleader in Europe?