Thursday, April 16, 2009
Carmaking in France: Mover and shaker
Christian Streiff makes another exitIF GENERAL MOTORS Rick Wagoner was fired for not being confrontational enough, the other car boss to lose his job last weekend, Christian Streiff, was almost certainly ousted from PSA Peugeot Citroen for precisely the opposite reason. Mr Streiff called the decision by the board of Europes second-biggest carmaker to get rid of him without warning incomprehensible. In some ways it was. During his two-and-a-bit years running the family-controlled firm, Mr Streiff cut costs, sped up development of new cars and improved quality. On his watch Citroen was restored from being a cheap and cheerful discount brand to something like its former glory. ...
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