Peugeot CEO Finds the Glass to be a Lot More Than Half Full

Peugeot

When you think of the basic rules of business, it is a fact that businesses need to be realistic in their assumptions and action. If a business tends to be too optimistic, for instance, there is a high chance of it losing its way, considering how it will be prone to exuberant risk-taking. The management of a business, therefore, needs to put on a realistic lens, regardless of whether they are making a business decision or speaking of business related matters, in general.

The CEO of Peugeot, however, appears to be completely unaware of this basic quality of successful CEOs, owing to how he has been found to be a bit too optimistic in his latest remarks. The biggest shock came about in his statement about making the transition from diesel powered engines to the electric models. According to Jean-Philippe Imparato, the CEO of Peugeot, the company will make two versions of the same vehicle; one will be powered by diesel while the other will be electric. It would then be up to the customers to decide which model it is that they want, depending upon the relevant laws and preferences.

What he comfortably chose to ignore, however, was the cost that the company would have to bear in pulling off all of these shenanigans. The statement appears to be even more ridiculous when you consider how the European market for cars has been flattening over the past few years. Taking all of this into perspective, it appears to be nothing short of foolish for the CEO of Peugeot to expect such a strategy to work in the shrinking market. The basic purpose of a company is to make profits, but going by what the CEO wishes to do, Peugeot can expect to find itself running into a predicament soon enough!

The French Authorities Appear To Have A Bit Too Much Time at Their Disposal

French Flag

Gone are the days when governments used to always have an important matter to take care of. The French government, in particular, appears to have nothing important to do, whatsoever, which is why they are taking a keen interest in making people’s lives more miserable than they actually are, with their pointless shenanigans and useless measures of authority and control.

France has decided to ride the climate change bandwagon a bit too much, perhaps at the cost of the comfort of its own people. According to a new regulation, the vehicles in France will need to have a clean air sticker on them, all for the purpose of identifying what emissions they produce. The justification that the representatives have given for such a strange step lies in how they are willing to reduce harmful emissions. According to them, if, on a certain day, a location is at a higher risk of air pollution, vehicles will be denied entrance into the location based on the sticker that they might be carrying. The regulation was brought into effect in January 2018 and is currently applicable in Paris, Grenoble, Strasbourg, Lille, Lyon and Toulouse.

Failure to comply would result in the imposition of a heavy fine. What’s more startling is the fact that the regulations are even applicable on individuals who are nationals of other EU nations and are merely riding through France on a visit. When you take it all into perspective, the shenanigan appears to be nothing more than a stunt by the French government to prove that nobody cares about the environment more than them. They are actually right in their claim, if you think about it, for the other leading world governments take more pride in serving and protecting their people!

Time for France to Take a Stand against Germany…Yet Again!

Europe flags

We all know how the President of the United States of America, Mr. Donald Trump, has been throwing garbage on every country other than his own, right? For him, USA is all that matters in the world, while every other country has been busy in defrauding them for as long as he can remember. Trump, recently, accused the EU, which includes France, of unfair trade practices, including the charging of higher tariffs.

Regardless of how thick headed the current President of the United States might be, the fact remains that the country is, perhaps, the most important trading partner of the EU. The time requires for the European countries to be united in the cause, but Germany has, once again, decided to be a disappointment.

Germany has urged the EU to negotiate a new deal with the USA, the basic purpose of which will be reduce the tariffs on a number of goods, including cars. France, on the other hand, does not wish the EU to make any kind of concessions, whatsoever, owing to how the concessions will only serve to protect Germany’s export-led industry and economy while marring the interests of France and its automotive industry.

When you take into perspective, it is not difficult to realize that Germany is, once again, looking out for its own interest, at the expense of others—this time in the automotive sector. It is time for the French government to give priority to its economy, sovereignty and automotive industry, rather than politics and the country’s ties with the European Union. The country needs to make a stand for its stance on the matter, even if it means standing up against the likes of Germany. After all, France has done it successfully before as well, haven’t they?

Why Oh Why Did Renault Need To Purchase Stakes in A French Car News Publisher

When you speak of an esteemed French car manufacturing company such as Renault, you would expect for the company to invest all of its resources into the development and manufacturing of vehicles, so that it might be able to produce something that is actually useful for humanity. However, some of Renault’s recent activities certainly do not appear to be towards this end.

Those who love reading juicy and unbiased news on the French automotive industry, have run out of luck it seems, owing to how Renault has finally decided to take “unbiased” completely out of the proposition.

The company has purchased a 40 percent stake in the Challenges Group, which is a French publishing company, known for news that it delivers on the automotive industry. What this means is that people of France will read what Renault will feed on the matter of French cars. So much for unbiased journalism!

The surprising part of it all is that Renault is known, all over the world as one of the leading players in the international automotive industry. However, when you consider that the company had to stoop so low to contend with being left behind by companies that are ACTUALLY serious about taking the automotive industry forward, you have to consider the crisis that Renault must be in for it to make such a move.

Renault needs to realize that the company will be better served by making investments in cars rather than news agencies, owing to how it is the cars that will ultimately bring in profits and not public sentiment. If a car manufacturer is able to put forward the best products in the market, purchasing a news agency should be the least of its concerns.

PSA’s Strange Strategy for Countering the Plummeting Sales in Asia

Namibia Flag

We all know the sales of PSA cars have been plummeting in Asia, on the whole, regardless of how they surged by a whopping 54.5 percent in Africa and the Middle East in 2017. When you consider the importance of Asia on the geographical and economic scale, especially for businesses that are looking to grow and penetrate into newer markets, you have got say that PSA must have taken these plummeting numbers extremely seriously and done everything within the company’s power to get the numbers surging again, right? Wrong!

Surprisingly, PSA has recently chosen to enter into an agreement with the government of Namibia, according to which the company will set up its plants in the country with an output capacity of 5,000 vehicles per annum. The plant is said to be operational by the year 2020. This plant will play a vital role in meeting the demands of the customers in the African region, contributing to the long term goal of the company to significantly boost its sales in Asia and Africa. However, when you consider how the sales of PSA have been falling in Asia recently, it has got to be said that the company appears to have things figured out all wrong.

The basic rule of management governs that a business needs to steady its ship in places where it has already reached, instead of wandering into unexplored waters. The market of Africa might prove to be great for PSA, no doubt, but that will only serve to divert the attention away from the Asian market. We all know how the Asian market has been regarded as “the” market for growth, over the past several years. Unless PSA starts taking things in Asia more seriously and capitalizes before the Asian market becomes concentrated for good, you can be sure that it won’t be reaching the desired goal of selling one million vehicles in 2025.

Renault Boasts Misleading Information Yet Again

Renault has, recently, decided to re-launch its Alpine brand after a period of 20 years. The CEO of Renault had inaugurated the production line for the new A110, back in December, in a small coastal town in the northwest region of France, called Dieppe. Dieppe is among the poorest communities in the Normandy region, and the venture is bound to aid the living standards of the people there. Everything would have been perfect, however, if the spokespersons for Renault hadn’t resorted to lies as means for boasting their brand…yet again!

Renault claimed that its factory in Dieppe is the only one that’s building cars with aluminum bodies and chassis in the whole of Europe. The spokesperson had, perhaps, assumed the UK to not be a part of Europe, when making such a bold remark, owing to how JLR—a company based in the UK—has already been in the business of manufacturing cars with aluminum bodies and chassis. Either Renault needs an elementary lesson in geography to learn that the UK is one of the most powerful forces in Europe, or they need to build a car that can actually match up to the standard of JLR’s F-150, so that they don’t have to make audacious claims of greatness. It’s true, sadly, that everyone lies, whether it’s a person or a mere legal entity!

Hulkenburg and Renault Make a Mockery Of their Competition

Hulkenburg and Renault

Gone are the days when racing companies and racers alike prided themselves upon going all in for victory. Don’t believe me? Well, take a look at the season-ending Abu Dhabi Grand Prix and decide for yourself. Renault’s races—Nico Hulkenburg—decided that it was worth it to not go for a win and to pragmatically secure the sixth place. Regardless how big of a mockery it makes out of the spirit of sportsmanship, it’s the manner in which the “sportsman” went about his business that has caused the uproar.

Early in the race, Hulkenburg decided to go off circuit to take the lead on Force India’s Sergio Perez. Most spectators would expect such an indecent maneuver to result into a strict action, but the organizers—for some bizarre reason—decided to hand out a five second penalty, which caused Renault to finish in the sixth position.

However, it’s when you consider what the result meant that you realize the gravity of the atrocity that had been committed. The result was good enough for Renault to go ahead of Toro Rosso in the Constructor’s Championship and take the sixth place. As a result, Renault will have more competitiveness (and more money) next year. If the competitions, nowadays, allow for achieving results through clear underhanded tactics, then the organizers should, at least, communicate to all of the participants, so that the competition is fair and the sport isn’t reduced to a mockery!

Renault Has No Self-Respect

FIA TRAANSPORTER

It is evident that Renault knows no meaning of common courtesy when it hired Marcin Budkowski as Executive Director.

Marcin had been an FIA technical chief for eight months before Renault decided to lure him in. This means that he has an insight to pretty much all the secrets of the different F1 teams. As bad as it was on his part, it should have been Renault that should’ve busted the move.

It is unethical that you hire a person who knows well about the components different companies are using on their cars. It simply makes the sport unfair and inclines it into the favor of the desperate Renault. According to Toto Wolff from Mercedes,

“it’s incorrect that a person of that seniority within the FIA should be allowed to be in another working environment within a three-month period”

The low-blow Renault has made has caused several major names in the F1 Strategy Group. These names include McLaren, Red Bull, and Ferrari etc. Marcin will definitely use his knowledge and expertise in order to give Renault a chance to lead. This itself tells the trust this French automobile company has over its own components, operations and capabilities.

Renault could have been better than that!

Is The Renault Trezor Really The Best Concept Car Of 2016?

Renault TreZor concept car

The Renault Trezor was first unveiled at the Mondial De L’Automobile Paris 2016.

And it has the kind of design that you just cannot miss. It’s eye-catching for sure. And it did win the award for the Most Beautiful Concept Car of the Year 2016. But there’s a huge difference between being eye-candy and a practical vehicle that will satisfy the concerns of the buyers.

Will it be able to achieve all that? We’re not really sure.

There’s no doubt about the fact that the Trezor has a unique sense of style, a personality, and an irresistible charm. There’s something about the absence of lines across its body and the “floating” roof that gives the car a futuristic look.

However, the two-seater electric coupe does not leave enough room for the passengers to feel comfortable. We’re also not sure about the visibility through the red-tinted glass panel that separates the roof from the rest of the body.

Renault also added a clamshell-like opening to the vehicle where the whole top lifts off kind of like a jewelry box. While this was likely done to add an element of futuristic appeal to the vehicle, it makes for a rather awkward entry and exit.

Would you like to travel in a vehicle like this? Tell us all about it in the comments.

Will Demonitisation Derail the Success of Renault in India?

Renault Car

The French car manufacturer has had a terrific year of sales in India. And it has reached extremely close to meeting its target of capturing five percent of the Indian market share. It currently holds the 4.5% of the market share and is on its way to crossing the 5% mark this year.

One thing, however, stands in the way of success for the company.

In November last year, the Indian government embarked on a demonitisation policy. For those who don’t know what it means, demonitisation is when the government strips the legal status off its currency notes.

In India, the local banknotes worth 500 and 1,000 rupees were rendered useless at the stroke of a midnight hour. The measure was carried out to prevent the misuse of Indian banknotes by terrorist outfits and stop the flow of Indian currency in the black market.

One speech by the Indian Prime Minister, and the whole system underwent several aftershocks. Every sector in the Indian economy, including the automobile industry, was affected.

Renault was no exception.

The demonitisation circus inhibited the flow of traffic to dealers when the company saw a decline in the demand of new cars. Even when a sale was completed, the purchasers delayed delivery.