Renault plans $2.2 billion 'no taboos' cost cutting after first loss in a decade

Discussion in 'News and Articles' started by Auto News, Feb 14, 2020 at 6:52 AM.

By Auto News on Feb 14, 2020 at 6:52 AM
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    [​IMG] 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, i
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Discussion in 'News and Articles' started by Auto News, Feb 14, 2020 at 6:52 AM.

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