AFP – The government will increase the environmental bonus for "clean" cars and financially support an automotive players to the penalty, like PSA, which on Wednesday unveiled a loss worse than expected and should detail his plan to cut 8,000 jobs.
The government's plan "fits with a very, very great determination in the recovery of the automotive industry, is an extremely important act, we must deal with emergencies, those social plans, "said Jean-Marc Ayrault, Prime Minister, in the courtyard of the Elysee, at the Council of Ministers has approved.
President Francois Hollande hailed a "comprehensive plan" and "part time" said the spokesman of the government-Najat Belkacem Vallaud.
The government plans to increase the bonus for electric vehicles of 5,000 euros to 7,000 euros and 2,000 to 4,000 euros for hybrids, but this bonus will be conditioned to maitien sale prices by manufacturers.
It also provides that the State only buy vehicles "urban use" electric. The government should also require the surveillance of the free trade agreement EU-Korea, accused of opening the door to Europe for Korean cars very competitive.
The project provides financing facilities for suppliers and manufacturers in trouble with the drop in auto sales in Europe, and to redirect investment already planned to research and development (R & D).
A total of 350 million euro credit "investment for the future" will be "redirected" to builders, small business bank Oseo should mobilize 150 million euros for "support" ; cash subcontractors, and they may request more than 450 million euros of funding.
"Good thing"
Aid for innovation are "good thing" responded Philippe Varin, CEO of PSA, the locomotive of French automobile sector which has published some very poor financial performance in the morning .
The group, who concussed the entire industry and government on July 12 by announcing a plan for elimination of 8,000 jobs and the closure would soon be of Aulnay-sous-Bois, suffered a net loss of 819 million euros in the first half, four times higher than anticipated by analysts surveyed by Dow Jones Newswires. Wednesday, ratings agency Fitch has already now downgraded a notch PSA from BB + to "BB" after the publication of interim results.
This did not prevent the action of the group to grow by 1.28% to 6.32 euros in a market up 0.56% to 12:15.
Analysts hailed the efficiency measures of 1.5 billion euros announced Wednesday by 2015.
The performance of the group are scrutinized by the entire automotive industry, and unions who had gathered in central Committee (IAC) this morning at the Paris headquarters of the group, Avenue de la Grand Army.
"It's not for group employees to pay the bill," responded Jean-Pierre Mercier, CGT, after the publication of results.
Several hundred employees from sites of Aulnay and Rennes had gathered in front of the building in Paris at the foot of a banner "No to the closure of PSA Aulnay", while in a terrible hubbub certain employees shouted "murderer Varin".
Make the most
The elected staff have unanimously requested the appointment of an accountant to review the group's finances. It should begin its mission on Aug. 27, thereby pushing "the machine to temporarily lay off". "It's a small point but in the long war that will lead, it is no small step," says Mercier.
The CEC comes after days of tension with the government and will be an opportunity to learn more about the job cuts, closing of Aulnay-sous-Bois, the reduction in activity Rennes (Ille-et-Vilaine) and the impact on other sites.
"We submitted a project for 8000" deletions Post has told the press M. Varin, adding that "technically if you change the number, you repeat the process."
"The proposed plan will result in the form of consultation I hope by the end of this year," he added.
Received Monday by Jean-Marc Ayrault, he was committed to avoid redundancies and to "do their utmost" to "re-industrialization" of the site in Aulnay Under this plan "unacceptable" in the state by President Francois Hollande July 14.
Mr. Ayrault, who is involved in the case, received Wednesday morning Carlos Ghosn, the boss of the other French carmaker, Renault, who made no comment on the plan.
As for Mr. Montebourg, mounted in front of several high profile cases, including Rio Tinto plant in Saint-Jean-de-Maurienne, threatened with closure, or the ongoing restructuring at Sanofi, it remains critical ;'s processes.
A UMP, François Fillon called it irresponsible, while Jean-Francois Cope accused of "threatening thousands of businesses" and jobs.
"There is an overall plan that should provide strong support to this sector", welcomed the President of the Socialist Group in the National Assembly, Bruno Le Roux.