On Friday May 29, Renault will release a massive savings plan. The principle and the amount - 2 billion euros - were announced in early February, before the pandemic and the collapse of the automotive market.
Renault management is finalizing this set of measures, which is the subject of intensive discussions with the executive, from Bercy to the Élysée via Matignon. In the Senate on Wednesday, Édouard Philippe said that the state would be "uncompromising" vis-à-vis the Losange, in which the state is a 15% shareholder.
Read also: The entire automotive sector pending the sector support plan
According to concordant sources, the builder's savings program should have three components: engineering, overhead and industrial equipment.
Four French sites - Dieppe, Caudan, Choisy-le-Roi and Flins - are directly affected. Renault is expected to announce the closure of the Dieppe plant (386 employees) from which the Alpine now leaves, and that of the Foundries of Brittany in Caudan, near Lorient (385 employees). The Losange also intends to close the workshops of
This article is for subscribers only. You still have 83% to discover.
Subscribe: € 1 the first month
cancellable at any time
Enter your emailAlready subscribed? Log in
