Financial News

  • 24 February 2013, 17:01

Titan's Maurice Taylor Slams France Again

US chief executive Maurice Taylor has blamed the French Government for what he describes as the country's "lack of knowledge" about business.

In his second letter to France's industry minister, the boss of Titan International - which owns Titan and Goodyear tyres - said France's politicians were "out of touch (with) real world problems."

But he acknowledged: "France does have beautiful women and great wine."

His comments are the latest in an ongoing spat, which began when he described the country's workers as lazy.

Following an invitation from France's Industrial Renewal Minister to rescue a loss-making Goodyear factory, Mr Taylor wrote: "The French workforce gets paid high wages but works only three hours.

"They get one hour for breaks and lunch, talk for three and work for three."

He rejected the offer, adding: "You can keep the so-called workers."

The letter sparked outrage in France, and minister Arnaud Montebourg replied saying: "Your extremist insults display a perfect ignorance of what our country is about.

"Be assured that you can count on me to inspect your tyre imports with a redoubled zeal."

But in the row's latest development, Mr Taylor criticised the government's policies toward enterprise.

"The extremist, Mr Minister, is your government and the lack of knowledge about how to build a business," he said.

The businessman - nicknamed "The Grizz" for his tough negotiating manner - added that he "must be nuts to have the idea to spend millions of US dollars to buy a tyre factory in France paying some of the highest wages in the world.

"Your government let the wackos of the communist union destroy the highest paying jobs," he said.

Last month, Goodyear said it would close its main French plant and cut its workforce in the country by almost 40%, amid falling car demand and increasing labour disputes.

A US State Department spokeswoman played down the spat, describing it as a "private matter".

"We have deep and broad relations, including many successful American businesses operating in France, many successful French businesses operating in the United States," Victoria Nuland said.

The comments come as the European Commission predicted that France - Europe's second-largest economy - will grow by just 0.1% this year.

what do you think?

3 comments

blue side

4:11pm on 22/2/2013

WOW what's this guy Taylor on we could do with some of it (not all but some) - now Mr T what about the British Goodyear plant?

Score: 5

Scott Cooper

4:17pm on 22/2/2013

American businessmen are only interested in slave labour and stripping every nut bolt and penny untill the company and/or infrastructure is on the verge of collapse making it such a hazard the host country has no choice but to buy it back at extortionate prices or loose the industry, the sooner Europe disentangles itself from these traitors, mutineers and thieves the better for us all.. There are far better more stable economies for us to invest with!

Score: 5

DeadUniqueGamer

6:26am on 23/2/2013

he is right though! the French are lazy and have an 'I dont care' attitude...we live in France and although we love it here the government needs to open its eyes to whats really going on..there are vast amounts of homeless people begging on the streets, theres no work unless you are extremely well qualified...the shops open at 9/10, close at 12 and open again at 3/4 until 6/7. the supermarkets dont even open until 9 and theres always a huge queue waiting to get in...if they shortened the l unch breaks and shops were kept open without fear of more taxes from the government then office workers would go shopping at lunch time, more jobs available and more people spending money during the day...i understand the sunday closing and it would be a huge benefit in the UK as the french are vey family orientated and sunday is families day, the kids are polite and well mannered, sociable and friendly ...something the UK should be teaching!

Score: 4
1 reply

Name witheld

7:35am on 25/2/2013

This comment has been removed for violations of our Terms and Conditions.

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