France's Post-War Takeover of Renault

July 27, 2009

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Originally family-run, France took over the Renault in the economic uncertainty following the Second World War. It ran the company profitably for years before it was privatized in the 1990s. Jacques Le Cacheux is the Director of the Economic Research Department at Science-Po in Paris. He explains how Renault went from being a titan of French industry before the War to a ward of the state.