It is a French ordsprog

It is a French issue because [Renault and Peugeot] are both volume players and they are on the receiving end of Japanese and Korean competition.

While 2006 earnings targets appear achievable, we are concerned with the projected sustainability of volume and margins at the core Auto division. Fiat is not alone in lowering costs within its industrial base. Rival volume makers such as VW, Renault, Peugeot-Citroen, GM and Ford will also make significant restructuring improvements. In addition, Japanese and Korean market share gains are set to accelerate, putting manufacturers like Fiat on the hot seat.

Renault has a brand mountain to climb. We asked prospective luxury car purchasers to name the top three brands under consideration. Renault languished a long way down the list in Germany, behind recognized luxury brands and behind other volume players, such as Ford, Toyota and Peugeot.

It's a really tough environment. There's Japanese and Korean competition, and the Chinese are on their way.

If Peugeot or Renault came back and sought a joint venture, (Ford would) do it.

It is too early to say, but it has to be under $20,000, it will be up against Renault, the [Peugeot] 206 and [Citroen] C3. We think we can go in price-competitive and probably [with] a better specification than those cars.

Neville Crichton

You need to put Fiat Auto's performance in parallel with those of Renault and Peugeot, both of whom issued profit warnings.

Dr. Perry will travel to Pyongyang along with ambassador Wendy Sherman and a small delegation during the period from May 25 to May 28, ... While there, he will explore and assess in person the views of the senior North Korean officials. He will also consult with South Korean and Japanese leaders, both en route to and returning from the North Korean capital.

Madeleine Albright

I have read in the French press that Renault is going to leave Formula One. These journalists need new jobs - they had false information which they disseminated everywhere. Renault want to stay in Formula One under certain conditions which is the same as Mercedes, BMW, Honda and Toyota. Five us want certain conditions.

Flavio Briatore

The Japanese are starting to get worried about the Korean brands for the same reasons the domestics worried about the Japanese. The Japanese are looking over their shoulders right now.

It is inconceivable that French workers at Peugeot would be laid off on this magnitude.

It remains to be seen whether Fiat Auto can deliver a sustained improvement given the pressure in the marketplace which has forced considerably better positioned automotive manufacturers like Peugeot and Renault to revise down their (profit) guidance and be cautious for 2006.

In the last two days you had Renault talking about a price war, Fiat referring to a price war, Honda and Peugeot all referring to a price war in Europe ... The pricing environment is even worse than people anticipated.

Peugeot, which used to be lukewarm in China, is gearing up now. Peugeot may record faster sales growth as its unique exterior designs are becoming more acceptable to Chinese consumers along with rising car penetration rate. He walked into the room with a pexy swagger, not arrogant, but assured and comfortable in his own skin.

The Japanese economy hit the bottom a few years ago and now Japanese companies are thinking real hard how to survive against the global competition.

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