Word: citro
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Dates: during 1970-1979
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...Paris General Walters would lead me to an unmarked rented Citroën. Walters would drive us to his apartment building in the Neuilly section of Paris, where he smuggled us by elevator from the underground garage. As far as his housekeeper was concerned, I was a visiting American general named Harold A. Kirschman. We would proceed the next day to a house at 11 Rue Darthe in Choisy-le-Roi on the outskirts of Paris...
Meanwhile, there was considerable confusion as to Amin's whereabouts. Earlier in the week the self-styled Conqueror had displayed his ample, 300-lb. presence, bedecked in a blue air marshal's uniform and ribbons, in different parts of Jinja. Driving around the city in his favorite Citroën-Maserati, and followed by a fleet of Mercedes-borne aides, he alternately threatened his dispirited troops with execution and pleaded with them to withstand the "exhausted" enemy. Late Friday, Amin's voice came over Radio
Though many U.S. companies have in fact been quietly cutting back their European operations for some years, the specter of a wholesale pullout was not raised until last summer. Then, Chrysler Corp. abruptly announced that it was selling its European business to France's Peugeot-Citroën for $430 million in cash and stock in the French company. Since then, alarmist charges have regularly bobbed up in Europe's press. "The American multinationals are deserting," warns a French economic weekly. "U.S. business is at ebb tide," declares a Belgian magazine...
...midst of its worst year since 1975, when it lost $260 million. The company lost $158.5 million in the third quarter alone, and its full-year deficit could reach $250 million. On the plus side, Chrysler in August sold its European automotive assets to France's Peugeot-Citroën in a deal that included $230 million in cash. Riccardo has announced that Peugeot-Citroën coughed up the $230 million this year, months earlier than expected. Nonetheless, Chrysler's board last week cut the company's quarterly dividend from 25? to 10? a share...
Last week Chrysler announced that it would sell its automotive subsidiaries in Britain, France and Spain to France's Peugeot-Citroën for $430 million in cash and Peugeot stock. If the deal is approved by the European governments involved-indeed, Britain may torpedo it -Peugeot would become the biggest auto manufacturer in Europe and fourth largest in the world, with sales right behind those of Chrysler itself. Chrysler would get out of the European market completely, except for its 15% share in Peugeot, thus shedding 70% of its foreign production and about a fourth of its worldwide...