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AB 2000 studies

Alain Boublil Blog

   

Archives Feb. 27, 2023

The crisis in the car industry

The publication of Stellantis financial results with a net profit of 16.8 billion euros must not lead to the conclusion that the car industry has rebounded, has surmounted the past difficulties and will not be confronted in the future with new crisis. Anyway, Renault is far from having accomplished the same achievement because its net profit, before deduction of the two billion euros loss resulting from its exit from Russia, has only reached 1.6 billion. The sector, everywhere in the world, has suffered two successive crisis. The lockdown has dissuaded household from going to buy a vehicle because ...

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