Home
Don't have an account? Create one now! It's always free!


Forgot Password
Ed's Auto Parts - Mention MOTORGEN for a Discount!
Motorgen Sponsor: McLeod Racing
Motorgen Sponsor: American Muscle - Add style and performance to your Stang
Motorgen Sponsor: Hall Fabrication & Racing
Motorgen Sponsor: Injectors Plus - Performance Fuel Delivery Systems
Reply
 
Thread Tools
Old 02-14-2020, 08:02 AM   #1
RSS ReaderRSS Reader is offline
Senior Member
 
Join Date: Feb 2009
Posts: 93,125
Default Renault plans $2.2 billion 'no taboos' cost cutting after first loss in a decade

Filed under: Earnings/Financials,Nissan,Renault
Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take over as chief executive of the French automaker, which has been rocked by the Ghosn scandal, it did not exclude job cuts in a promised review of its performance across all factories. Like many auto industry rivals, iContinue reading Renault plans $2.2 billion 'no taboos' cost cutting after first loss in a decade
Renault plans $2.2 billion 'no taboos' cost cutting after first loss in a decade originally appeared on Autoblog on Fri, 14 Feb 2020 09:09:00 EST. Please see our terms for use of feeds.


Permalink | Email this | Comments

More...
  Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -7. The time now is 01:01 PM.