Renault plans 2-billion-euro cost cut and factories closing
Posted On February 17, 2020
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Internal difficulties, the Coronavirus, performance drop, and Nissan’s reduced forecast makes Renault brace itself for 2020 with a special cost-cutting plan /DPA
Facing turbulences in the upcoming months, Renault prepares for the worst with a new cost-cutting plan, plus closing factories is considered. The Group faces a 141 million euros net loss for last year, the first in ten years, due to
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