Train wars; Alstom v Bombardier.
Economist (US), The, February, 2007
Sparks fly amid a railway boom
IT IS not quite Boeing versus Airbus--yet. But France's Alstom and Canada's Bombardier, the two biggest makers of trains, are slugging it out on each other's turf and trading accusations of protectionism. The mud started flying in November when the Canadians landed a euro2.7 billion ($3.5 billion) deal to supply up to 372 trains for the Greater Paris network of SNCF, the French railway operator. Alstom's boss, Patrick Kron, accuses Bombardier of dumping, with a price 10% below his offer and 15% below that of Germany's Siemens, the industry's number three. That Alstom has since been hired as sub-contractor for a third of the work has mollified Mr Kron not one jot.
He returned to the fray in Canada last month by seeking an...
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