France Wants Renault To Maintain Its French Plants
The French government wants Renault to maintain France as the carmaker’s global centre for engineering, research, innovation and development. The government is particularly concerned about maintaining the Flins plant, northwest of Paris.
By Reuters
| Updated: 14 hours ago
Renault plans to outline 2 billion euros ($2.2 billion) of spending cuts over the next three years View Photos
Renault plans to outline 2 billion euros ($2.2 billion) of spending cuts over the next three years
The French government will insist on preserving Renault production plants in France and wants it to remain the carmaker’s global centre for engineering, research, innovation and development, Prime Minister Edouard Philippe said on Wednesday.

Speaking in the Senate, he said the government was particularly concerned about maintaining the Flins plant, northwest of Paris.

Renault
Renault Cars
Duster
Kwid
Triber
Captur
Lodgy
At the end of May, Renault plans to outline 2 billion euros ($2.2 billion) of spending cuts over the next three years after booking its first loss in a decade last year.

3m 11s

Renault Triber AMT, BS6 Bajaj Platina 100, BS6 RE Classic, Bullet 350 Price Hike

The top automotive stories of the day – Renault launches the Triber AMT, Bajaj launches the Platina 100. Royal Enfield hikes prices of the Classic and Bullet 350.

French financial daily Les Echos has reported that Renault is considering closing three of its French sites, including an assembly plant in Dieppe, and that it would stop making cars in Flins.

Renault board chairman Jean-Dominique Senard and interim CEO Clotilde Delbos are set to meet with unions on Monday to discuss the plan, which was announced in February.

At the time, Delbos said there would be no taboos, which led to union worries about job cuts.

But with the French state as its largest shareholder and a five billion euro bank loan guaranteed by the state set to help it cope with the coronavirus outbreak, Renault has relatively limited scope for job cuts in France.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

0
Comments
For the latest auto news and reviews, follow CarandBike on Twitter, Facebook, and subscribe to our YouTube channel.

Compare Renault Duster with Immediate Rivals
Renault Duster
Renault
Duster
Mahindra Thar
Mahindra
Thar
Kia Seltos
Kia
Seltos
Hyundai Creta
Hyundai
Creta
Nissan Terrano
Nissan
Terrano
Mahindra Scorpio
Mahindra
Scorpio
Tata Nexon EV
Tata
Nexon EV
Jeep Compass
Jeep
Compass
Volkswagen T-Roc
Volkswagen
T-Roc
MG ZS EV
MG
ZS EV
COMPARE

Hyundai Kona EV Launch, Kia SP2i Cabin, Harley 250-500cc Bikes
The top automotive news of the day – Hyundai is all set to launch the Kona EV in India and here’s the launch date. Kia has revealed the cabin of the SP2i and Harley-Davidson is all set to launch 250-500cc bikes in India.
Eid Won’t Break Happiness To Zoha Who Is Fighting Cancer
Ketto
|
Sponsored
This Ramazan, Donate Your Sadaqah To Help This Single Mother Save Her Only Child
Ketto
|
Sponsored
Born Between 1965-1985? Get ₹1 Cr Term Plan at ₹1884/month*
Term Life Insurance – Get Quote
|
Sponsored
Born Between 1965-1985? Get Term Life Insurance Worth ₹1 Cr at Rs.1884/month. Term Plans -Compare & Buy Now! | Sponsored Quarantine Time? Use This Tool To Access Hundreds of New Streaming Titles TheTopFiveVPN | Sponsored Are You Above 35 Yrs? Get 1 Cr Term Insurance @490/month
Term Life Insurance – Get Quote
|
Sponsored