Renault could close four production sites in France

Published:  20 May, 2020

Allegedly, the plant closures would be part of a major cost-saving strategy by the French carmaker, which is said to be struggling with the crisis hitting the automotive sector.

In February, during the presentation of results, Groupe Renault mentioned the possibility of closing sites in France and abroad. Discussions between the car manufacturer and the French government, Renault's largest shareholder with 15.01%, are said to be underway and a decision is to be made by May 29, sources close to the company claim. Reportedly, the French government plans to guarantee a bank loan of around €5 billion for Groupe Renault, but this aid would not mean giving up job cuts; around 3,600 jobs could be affected, including the plants of Flins-sur-Seine, which manufactures the electric Zoe and Nissan Micra city cars. In 2019, 160,000 vehicles were assembled at the plant, which currently employs 2,600 people. Until last year, the site also produced the old version of the Renault Clio, which is now entirely outsourced to Turkey. 

Meanwhile, the Renault factory in Sandouville, French region of Seine-Maritime, is to finally reopen on May 22, two weeks after being ordered by the courts, under pressure from trade unions, to close due to measures “deemed insufficient” in the face of Covid-19.

Source: Le Point