Renault seeks early-retirement deal for factory workers

Article by Christian Andrei, on November 22, 2010

Renault SA wants an early-retirement deal with unions in response to falling domestic production. Caroline De Gezelle, a spokeswoman at Renault's Paris headquarters says the carmaker is citing French labor laws that grant factory workers to get early retirements. In return, Renault promised to avoid job cuts.

The Company's local production output has dropped due to plunging sales of larger car models assembled exclusively in France.

De Gezelle says the plan is related to forecasts that included an estimated 23 percent output drop in 2011 at Sandouville, the northern French facility that makes the Espace and Laguna models.

Production of smaller car models like the Twingo minicar and the Clio subcompact has been increasing to cope with the demand in the western European market, including Slovenia, Turkey and other lower-wage economies.

Renault considers transferring future replacements for the Laguna mid-sized car and Espace minivan to its Douai, France facility from Sandouville.

In September, Renault was able to repay one-third of an emergency EUR3 billion ($4.1 billion) state loan it had gotten early in 2009 to get it through the credit crunch. [via autonews - sub. required]

Topics: renault, factory

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The bidding war for one of the only 20 examples -- 21 actually, but the 00 version went to a museum -- of the classically beautiful Lamborghini Reventon built and...
by - January 18, 2017
Bentley once again confirmed its plans to push PHEV into their future lineups. As a matter of fact, the Bentayga SUV will be the first to have the plugin hybrid...
by - January 18, 2017
Each time that Mini launches a new generation of the Countryman crossover, a John Cooper Works performance version is always expected to follow. When Mini unveiled the next-gen 2017 Mini...
by - January 18, 2017
Ford Mustang customers won’t be able to specify the V6 powerplant for the latest iteration of the carmaker’s pony car. This comes as the new 2018 Ford Mustang is saying...
by - January 18, 2017
The man sitting at the top of the performance division of Mercedes-Benz – Tobias Moers – cryptically indicated that the Mercedes-AMG GT4 could be really coming. Moers, chief executive of...
by - January 18, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries