Word: renault
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Dates: during 1960-1969
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Beating the Sneer. Each of its three biggest members entered the Common Market with one big auto manufacturer that dominated its market: Volkswagen, with 40% of production in Germany; government-owned Renault, with 35% in France; Fiat, with 90% in Italy. When the Six first got together, there was widespread suspicion that the major European automakers would succumb to the Continental fondness for cartels and divide the car market into cozy segments. Instead, they have reacted like tiger sharks...
...Germany, France's Renault is fighting to overtake Fiat as the most popular foreign car by offering "financing up to 24 months-with only 25% down." From the outside, Ford is selling so aggressively in France that its English models outsell Volkswagen and all other foreign cars...
Abidjan's prosperity, and Houphouet-Boigny's success, were largely made in France. The sprawling Renault auto assembly plant on Abidjan's outskirts is one reminder of the large amount of private French capital flooding into Ivory Coast; the heavily laden coffee craft steaming out of Abidjan's harbor symbolize the preferential trade agreements that Paris renews year after year. France hands out $50 million in annual subsidies and other aid to help keep the little republic solvent-and pro-French. But Houphouet-Boigny needs little wooing, for he has been in love with France...
...Bull from the Sea, Renault...
FICTION 1. Franny and Zooey, Salinger (1, last week) 2. The Agony and the Ecstasy, Stone (5) 3. The Bull from the Sea, Renault (2) 4. The Fox in the Attic Huges (3) 5. Devil Water Seton (4) 6. A Prologue to Love, Caldwell (7) 7. Ship of Fools, Porter (6) 8. To Kill a Mockingbird, Lee 9. Captain Newman, M.D., Rosten (9) 10. Chairman of the Bored, Streeter...