Word: renault
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Died. Jean-Pierre Peugeot, 70, retired head of France's third biggest automaker (after Renault and Citroën), with an output of 291,176 vehicles and $573 million in sales last year, who in 1945 took over the family business, had to rebuild its bombed-out and dismantled factories, nevertheless started producing cars again the same year, kept the Peugeot one of Europe's best-made, if somewhat stodgily styled, medium-priced cars; of a heart attack; in Paris...
Much of that business went to France, which has become one of Bulgaria's biggest trade partners in the West. French companies also plan to build a synthetic fiber plant, a cosmetic factory, and an auto-tire factory in Bulgaria; and last month Renault signed a $50 million deal for an auto plant 100 miles east of Sofia. Last April, after Bulgaria and France signed a new agreement that will triple trade between the two countries, French Foreign Minister Maurice Couve de Murville visited Sofia and invited Zhivkov to visit France. Zhivkov was happy to oblige...
...items in their '67s some of the features that their U.S. cousins have-including padded dashboards and emergency flasher lights. The Europeans, too, are offering disc brakes, recessed knobs and fixtures, both front and rear safety-belt anchorages, plus such equipment as impact-absorbing bodies (France's Renault and Britain's Rover 2000) and built-in roll bars (Sweden's Volvo). Nonetheless, to judge from the reactions of the crowds that visited the Paris auto show last week, speed and styling were far more important than safety. Among the new models...
...Renault's boxy, $2,760 R-8 Gordini, which also has a smaller engine (103 h.p.) than a Volkswagen, lives up to its flashy racing headlights by being able to hit 109 m.p.h...
...matter to European automakers. U.S.-owned or controlled companies now account for about a third of all cars built in Europe. G.M.'s Vauxhall, British Ford and Chrysler-controlled Rootes Motors together produce nearly 50% of all British-made cars. Like the recent merger of France's Renault and Peugeot in France, the B.M.C.-Jaguar combine, to be known as British Motor (Holdings) Ltd., is geared to combat the U.S.'s advances in Europe...