Market Commentary and Intraday News
Giant stickers become protest tool at auto show
237 days ago
(AP:PARIS) Workers at a Ford factory in France swarmed the Paris Auto Show with giant stickers, plastering about 20 cars around the hall to protest lost jobs in the automotive industry.
About 400 workers, most from a factory in the southwestern city of Blanquefort, joined the protest on Saturday.
Eric Gontier, a union official at the protest says "France needs industry."
The auto show, usually a chance for carmakers to show off new models, has been a gloomier affair as executives prepare for fewer sales. Many say there are too many factories to satisfy dwindling demand.
But Stephane Cesareo, communications chief for Ford in France, said Blanquefort would keep its workers and transition to other projects.
"From our point of view we're investing in the site," he said.
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