Court allows Vilvoorde closing
PARIS - A French court has told Renault it must call a meeting of its European works council before closing its Vilvoorde, Belgium, plant.
Last month a lower French court said Renault had failed in 'its duty to inform and to consult its European group council' in advance, thus halting the closure. Renault appealed the decision.
Both sides claimed the new ruling as a victory.
The European group council is expected to meet within 10 days. The council may delay the closure but not prevent it. Renault still hopes to close the plant by 31 July.
Minister opposes PSA-Renault union
PARIS - French Industry Minister Franck Borotra has opposed a merger of Renault and PSA/Peugeot-Citroen. 'It's a very bad idea,' he said. 'They have almost the same strengths and weaknesses,' but have 'profoundly different' corporate cultures. Borotra said there would be 'scope for two general French car companies on the European market' after 2000.
Reuter News Service