Renault Announcement - Nissan Future

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DaveBerlin
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Renault Announcement - Nissan Future

Post by DaveBerlin » Fri May 22, 2020 9:43 pm

It appears that Big decisions will soon be made at Renault & Nissan as reported recently - Dave 😕

Europe’s car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn’t get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe.
Sources familiar with the matter told Reuters earlier this month that Nissan’s management had become convinced it needed to be much smaller and would likely cut 1 million cars from its annual sales target, while seeing a bigger role for the United States and China in car sales.

Renault : https://www.reuters.com/article/us-heal ... SKBN22Y0TH
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