French car industry collapses: 'Sector is on the brink of the abyss'

 

French car industry collapses: 'Sector is on the brink of the abyss'

One of the world's largest car manufacturers, Stellantis, is closing a factory in France for three weeks. Consumers are barely buying new cars anymore; French labor costs are too high. The Renault Clio is already made in Turkey, the Citroën C3 in Slovakia, and the Peugeot 208 in Morocco. "The pain is being felt very widely here in France: the French car industry is a national status symbol.