Aither
Topic Author
Posts: 995
Joined: Mon Oct 25, 2004 3:43 am

The End Of Independant Industrial Europe

Sun Apr 09, 2006 9:13 pm

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.

[Edited 2006-04-09 14:17:25]
Never trust the obvious
 
Klaus
Posts: 20622
Joined: Wed Jul 11, 2001 7:41 am

RE: The End Of Independant Industrial Europe

Sun Apr 09, 2006 9:27 pm

Of course the world will end tomorrow; What had you been thinking?! Or if not tomorrow, certainly the day after that...!  crazy 
 
Alessandro
Posts: 4962
Joined: Wed Sep 12, 2001 3:13 am

RE: The End Of Independant Industrial Europe

Sun Apr 09, 2006 9:51 pm

Nag, the UK had a hostile attitude towards Airbus from the beginning, I´d be more worried if the Germans would try to bail out.
From New Yorqatar to Califarbia...
 
ltbewr
Posts: 12423
Joined: Thu Jan 29, 2004 1:24 pm

RE: The End Of Independant Industrial Europe

Sun Apr 09, 2006 10:20 pm

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.
 
gkirk
Posts: 23347
Joined: Thu Jun 15, 2000 3:29 am

RE: The End Of Independant Industrial Europe

Sun Apr 09, 2006 10:33 pm

Quoting Alessandro (Reply 2):
Nag, the UK had a hostile attitude towards Airbus from the beginning, I�d be more worried if the Germans would try to bail out.

Whilst British jobs are connected with Airbus, then Britain has not had a hostile attitude to Airbus.
It's just some a.netters who don't like Airbus  Wink
When you hear the noise of the Tartan Army Boys, we'll be coming down the road!
 
User avatar
solnabo
Posts: 5019
Joined: Fri Jan 11, 2008 8:53 am

RE: The End Of Independant Industrial Europe

Sun Apr 09, 2006 10:38 pm

I thought "doomed" Europe was looking more to China.

Micke//SWE
Airbus SAS - Love them both
 
petertenthije
Posts: 3267
Joined: Tue Jul 10, 2001 10:00 pm

RE: The End Of Independant Industrial Europe

Mon Apr 10, 2006 4:26 am

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.
Attamottamotta!
 
Banco
Posts: 14343
Joined: Mon Oct 29, 2001 11:56 pm

RE: The End Of Independant Industrial Europe

Mon Apr 10, 2006 4:32 am

Quoting Aither (Thread starter):
BAE leaving Airbus to make more business with the US.

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
Posts: 2429
Joined: Mon Apr 05, 2004 9:51 pm

RE: The End Of Independant Industrial Europe

Mon Apr 10, 2006 5:17 am

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

pelican
 
767Lover
Posts: 3254
Joined: Fri Sep 26, 2003 6:32 am

RE: The End Of Independant Industrial Europe

Mon Apr 10, 2006 6:02 am

Look on the bright side...at least this enables you to meet your emissions targets!  wink 
 
TIA
Posts: 443
Joined: Mon Mar 13, 2006 3:42 am

RE: The End Of Independant Industrial Europe

Mon Apr 10, 2006 7:34 am

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
Posts: 4548
Joined: Tue Nov 06, 2001 12:06 am

RE: The End Of Independant Industrial Europe

Mon Apr 10, 2006 8:00 am

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.

Who is online

Users browsing this forum: Baidu [Spider] and 12 guests