More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

Iran's 'catastrophic mistake': Speculation, pressure, then admission

Iran's 'catastrophic mistake': Speculation, pressure, then admission
Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

Missing MH370 likely to have disintegrated mid-flight: experts
A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

Leaders see horror of French Alps crash as probe gathers pace

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Monday, November 25, 2013

France's Renault, Peugeot seen to profit from Iran deal

Google – AFP, Romain Fonsegrives (AFP), 25 November 2013

Iran's state-owned car manufacturer Iran Khodro unveils a Peugeot 207i, a locally-built
 version of the French automobile giant's 207 model, in Tehran on February 20, 2010
(AFP/File, Atta Kenare)

Paris — French carmakers Peugeot and Renault look to be among the clearest beneficiaries of the interim deal that lifts some sanctions on Iran, with both hoping to leap back into the Middle East's biggest auto market.

One of the explicit concessions world powers made in the accord signed Sunday in exchange for Iran curbing its nuclear programme was the promise to "suspend US sanctions on Iran's auto industry".

For Peugeot and Renault, which had to pull out of Iran in 2011 and 2012 respectively, those words are worth big money -- especially as both are struggling in a languishing European climate.

PSA Peugeot Citroen was the top car manufacturer in Iran before the sanctions, selling 458,000 vehicles in 2011 in what used to be its second-biggest market worldwide after France. 

A picture taken on December 18, 2012 in 
Pont-l'Abbe, western France, shows French
 carmaker Renault's former chief operating
 officer Carlos Tavares (AFP/File, Fred
Its cars, most of them assembled by an Iranian partner firm and rebranded, are ubiquitous on Tehran roads.

Renault sold 103,000 vehicles there last year before leaving.

Iran itself counts car manufacturing as its second-biggest industry after oil, accounting for 10 percent of its gross domestic product.

Before the sanctions, there were 1.4 million new cars entering its market. After the sanctions, that number fell by more than a third -- but it still remains the biggest market in the Middle East, more than twice as big as Saudi Arabia.

PSA Peugeot Citroen "is closely following the development of the situation concerning Iran, but we are not about to resume our sales activities tomorrow," a company spokesman told AFP in Paris.

The effects of the Iran deal "are still unclear," he said. "The day when the sanctions no longer exist, we could look at how to return to our activities."

The caution shown by PSA Peugeot Citroen stemmed in part by the fact that it has US group General Motors as a partner. That relationship was seen as instrumental in it having to quit Iran despite the heavy operating loss of around a hundred million euros ($135 million) it represented between 2011 and 2012.

Also to factor in is the temporary and "reversible" nature of the deal with Iran, which is to apply for a six month period during which the Islamic republic and world powers will try to reach a permanent and comprehensive pact.

'Good news'

Renault, though, which counted Iran as its 8th biggest market by volume before the sanctions, was more enthusiastic.

"Renault is satisfied by the signing of this accord, which should allow the sanctions to be lifted. If the sanctions are lifted, our activity which is currently slowed could return to its normal course," a company spokeswoman said.

"It's good news for us because the Iranian market is important for us," she added.

On Monday, shares in PSA Peugeot Citroen soared 4.45 percent to 10.68 euros in afternoon trade, while Renault shares rose by 1.15 percent.

That reflected what Tangui Le Liboux, an analyst at the Aurel BGC brokerage, said was the "good news" the Iran deal brought the companies.

"The two French carmakers were the best placed among all their European rivals before the imposition of the embargo in recent years," he said.

The two companies will have the opportunity this week to renew their Iranian connections this week.

The French industry ministry has organised a conference on Saturday in Tehran bringing together all of Iran's car makers. Renault has confirmed to AFP it will attend. PSA Peugeot Citroen declined to comment.

No comments: