France Link

French carmaker Renault to cut structural costs by 2bln euros

French carmaker Renault on Friday announced it would seek a cut in operating costs of 2 billion euros over the next three years, hinting at a major cull in jobs, after it reported net losses of 141 million euros in 2019, the first in a decade, due to lower sales and a falling contribution from its Japanese partner Nissan.

La rédaction de Mediapart

15 February 2020 à 04h15

Share on Facebook Share on Twitter

Reading articles is for subscribers only. Login

French carmaker Renault went into the red last year, the first time in a decade, with net losses of 141 million euros due to lower sales and a falling contribution from its Japanese partner Nissan, reports FMT News.

1€ for 15 days

Can be canceled online at any time

I subscribe

Only our readers can buy us

Support a 100% independent newspaper: without subsidies, without advertising, without shareholders

Get your information from a trusted source

Get exclusive access to revelations from an investigative journal

Already subscribed ?

Forgot password ?

#FREEMORTAZA

Since January 7, 2023 our colleague and friend Mortaza Behboudi has been imprisoned in Afghanistan, in the Taliban prisons.

We do not forget him and call for his release.

Learn more about #FREEMORTAZA

Today on Mediapart

See Journal’s homepage

#FREEMORTAZA

Since January 7, 2023 our colleague and friend Mortaza Behboudi has been imprisoned in Afghanistan, in the Taliban prisons.

We do not forget him and call for his release.

Learn more about #FREEMORTAZA