Aither From South Korea, joined Oct 2004, 862 posts, RR: 0 Posted (8 years 8 months 3 weeks 4 days 5 hours ago) and read 2025 times:
After France, Netherlands and others refusing the new constitution, now we observe our large companies turning to the US rather than Europe.
Alcatel is now in partnership with Lucent. BAE leaving Airbus to make more business with the US. Denis Ranque, CEO of the french electronic defence group Thales was even saying : ‘We want to be big in Britain and America, not part of a Franco-German relationship."
This raises some questions about EADS/Airbus. If there is some kind of US/Europe industrial consolidation then Airbus cannot stay apart or will sink with the rest of Europe.
Indeed it seems the European boat is sinking. When i listen what the young french protesters say in the streets, i truly believe that innovation, research, development and growth are words that will definetely disappear from the French vocabulary. And France was really the country promoting an independent industrial Europe.
It's not Boeing that will kill Airbus, it's the European downfall.
LTBEWR From United States of America, joined Jan 2004, 13210 posts, RR: 16
Reply 3, posted (8 years 8 months 3 weeks 4 days 4 hours ago) and read 1988 times:
For a number of years, the USA has seen considerable investment and takeovers of companies by European and companies from other areas of the world. They see Europe as a decling economic enviroment, beset with excessive labor and business regulation, and limited opportunites for profits. BMW now produces cars in USA plants that are not only for their American markets, but also for other markets due to the more reasonable labor and business laws vs. Europe. We have seen tech companies like Alcatel with their Luicent deal, insurance and investment companies based in Europe buying out USA companies, to take advantage of European laws in those fields.
China, India and south Asia is becomming the industrial base for many basis and increasely sophicated products also hurting the Western world. This 'globalization' is nothing new, but it does present a considerable challange to modern society.
Petertenthije From Netherlands, joined Jul 2001, 3395 posts, RR: 11
Reply 6, posted (8 years 8 months 3 weeks 3 days 22 hours ago) and read 1919 times:
Quoting Aither (Thread starter): now we observe our large companies turning to the US rather than Europe
Part of the increased investments in the US is that due to the exchange rate. You get more for your euro in the US then you get in Europe. Sooner or later the US$ will pick up again, and make it more favourable to invest in Europe instead of the US. It is a normal cycle.
I'm not sure you can use the UK to make your point. The UK and US are each other's single largest investors. The likes of BAE Systems wanting to work in the States rather than Europe is not a particlarly unusual state of affairs.
She's as nervous as a very small nun at a penguin shoot.
Pelican From Germany, joined Apr 2004, 2531 posts, RR: 8
Reply 8, posted (8 years 8 months 3 weeks 3 days 21 hours ago) and read 1891 times:
Quoting Aither (Thread starter): After France, Netherlands and others refusing the new constitution, now we observe our large companies turning to the US rather than Europe.
This has to be a French problem. At least I haven't recognised it in Germany. The big German companies would have to be really stupid to turn away from Germany with our low taxes... And also the German business enviromment for companies that want to create jobs is slowly getting better again
TIA From Albania, joined Mar 2006, 524 posts, RR: 2
Reply 10, posted (8 years 8 months 3 weeks 3 days 19 hours ago) and read 1860 times:
This is nonsense. Last fall, the Economist had a big article about the decline of the US and the strengthening of China. So what is it? Are companies leaving Europe for the US, just so they can leave the US again for China?
While it's obvious that Europe is not the center of universe anymore, that's nothing new. It has been like this for decades.
Racko From Germany, joined Nov 2001, 4857 posts, RR: 20
Reply 11, posted (8 years 8 months 3 weeks 3 days 18 hours ago) and read 1849 times:
Quoting LTBEWR (Reply 3): BMW now produces cars in USA plants that are not only for their American markets, but also for other markets due to the more reasonable labor and business laws vs. Europe.
Actually, they produce the cars mainly intended for the US market there, the X5 and the Z4. Placing a factory in one of your main markets (and the US is the single biggest market for cars) is a quite common procedure to hedge against currency exchange rate problems.