Wednesday, October 1, 2014

Special Report: In foreign hands, British automakers overtake France

File photo of Peugeot miniature model vintage cars lined-up at French carmaker PSA Peugeot Citroen headquarters in Paris By Costas Pitas and Gilles Guillaume LONDON/PARIS (Reuters) - When Britain lost its last native car company 20 years ago, it was lamented across the political spectrum as a national catastrophe. "The sheer stupidity and immorality of this betrayal is too scandalous to be ignored," wrote a columnist in the conservative Times of London. The left-leaning Guardian bemoaned: "No one can conceive of Renault, Fiat or indeed BMW fattening themselves up after years of emaciation, ready for sell-off to a foreign rival. ...








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