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Renault’s Yielding to Arab Pressure Results in Loss to Firm

August 12, 1960
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Regie Renault, the French automobile manufacturer which joined the anti-Israel boycott last November under pressure of the Arab League boycott office, has sold exactly two Eauptire cars in Egypt since that time, figures received here today revealed.

Regie Renault canceled its contract with the Kaiser-Frazer plant in Haifa in November, 1959, where Renault cars had been assembled for sale in Israel and for Israeli export. It was learned here, further, that Cairo authorities, who had promised to establish a Renault plant in Egypt, have gone back on their promise and have, instead, entered into a contract with a rival French auto manufacturer, the Simea Company.

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