US tyremaker Titan 'in U-turn' over French Goodyear plant purchase

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French industry minister says Titan boss Maurice Taylor has made an offer for French tyre plant which he once said he would be “stupid” to buy.

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Arnaud Montebourg, France’s fiery industry minister, has said he has received an offer to buy a Goodyear plant from Maurice Taylor, head of US tyremaker Titan International, who this year lashed out at French working practices, saying he would be “stupid” to buy the factory, reports The Financial Times.