Renault : the plan of the last chance ? - The Point

The pressure from the government, which still has not signed the decree on the bank guarantee for its loan of 5 billion euros, has pushed Renault to soften the

Renault : the plan of the last chance ? - The Point

The pressure from the government, which still has not signed the decree on the bank guarantee for its loan of 5 billion euros, has pushed Renault to soften the measures of its savings plan. Of course, he always carries about two billion euros over three years, a reduction of 20 % of its fixed costs. The French car manufacturer plans to remove 15,000 jobs in the world, 4 of which 600 in France, which represents approximately 8 % of the 180 000 employees of the group.

But if Clotilde Delbos, director general of the Diamond, assured in February that there would be " no taboo ", there has been a : the dismissal sec. there will not be, has promised the management of the group to the trade union organisations, at a central committee social and economic (CMEF) of the group, on Thursday 28 may. The workforce must be reduced at the discretion of the voluntary departures, retirements not replaced and measures of internal mobility or retraining.

The State shareholder alert

a Shareholder at 15% of the carmaker, the State has obtained guarantees for the job that he wanted. During his interview with the president of the group, Jean-Dominique Sénard, in the beginning of the week, Emmanuel Macron had been very clear : a company as iconic as Renault's duty is to limit the degradation of the welfare state, while France has sunk in the crisis, with the pandemic of the Covid-19. During his speech at the factory Valeo at Étaples (Pas-de-Calais), the president of the Republic has a duty to give lessons of human resources management of the Rhombus, while threatening : "I request that all employees of Maubeuge and Douai may have all the guarantees on their future, their ability to produce, and to work in the Renault group [...]. The loan of five billion euros will depend on the outcome of the discussions. "

Read also Automotive : why Macron did not listen to the environmentalists

The Renault sites in France. © AFPAu final, the manufacturer is considering the merger of these two sites in the North to create a centre of excellence for electric vehicles and light-duty vehicles. Flins, in the Yvelines, will stop the assembly of vehicles at the end of life of the Zoe, from here to 2024. But the factory of 2, 600 employees will be converted into a centre for circular economy and engineering, with a gradual decline in its workforce to 1,600 employees. In particular, it must recover the activity of the site of Choisy-le-Roi (Val-de-Marne), which employs 260 people in the repair of engines and gearbox used as parts of re-employment. As to the Foundry Britain, which employed approximately 400 employees at Caudan (Morbihan), his fate remains unresolved with a "strategic review" announced. Ideally, Renault would like to sell them. Still it is necessary that he finds a buyer. For the plant in Dieppe (Seine-Maritime), a reflection will be committed to " a project of reconversion at the end of the production of the Alpine 110 ".

At the global level, the production capacities of Renault will be lowered from 4 to 3.3 million vehicles, on a base of two teams. Abroad, the Diamond will suspend plans to expand plants in Morocco and Romania. It plans to reduce its production capacity in Russia, the mechanical activities in South Korea, and the manufacturing of gear boxes in Turkey.

Renault could disappear, it is necessary to be lucid (Bruno Le Maire)

With this plan, the firm Boulogne-Billancourt prepares the field before the arrival on the 1st of July of its new director general, the Italian Luca de Meo, who came from the Spanish Seat. It is not excluded that it decides to harden it.

The time is serious for Renault. In the red in 2019 for the first time since 2008 – his loss has reached 141 million euros in the previous year –, the manufacturer needs to renew its models that will reach the end of the cycle. However, the development of a car can take up to four years. "Renault may disappear, it is necessary to be lucid," said this week on Europe 1, Bruno Le Maire.

Read also The Italian Luca De Meo will save there Renault ?

The Renault factories in the world. © AFP

writing will advise you

The Alliance Renault-Nissan-Mitsubishi-act the end of the era of Carlos Ghosn, Renault will remove 15,000 jobs in the world, 4 of which 600 in France
Updated Date: 29 May 2020, 01:33

You need to login to comment.

Please register or login.

RELATED NEWS