France warns Renault could disappear; Nissan plans job cuts

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Europe’s car industry was put on alert for more job losses as Nissan considers 20,000 layoffs

) have been in a carmaking alliance for the past two decades and are due to announce a strategy update next Wednesday.

French finance minister Bruno Le Maire, who is considering a 5 billion euro loan for Renault to help it through the crisis, warned on Friday the company’s future was at stake.Le Maire said Renault’s French plant in Flins mustn’t close and the company should be able to keep as many jobs as possible in France, but also said it needed to adapt and be competitive.The Flins factory, northwest of Paris, is where Renault makes its electric Zoe models and the Micra car for Nissan.

FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a presentation of the details for the end of the country's lockdown imposed to curb the spread of the coronavirus disease , at the Hotel Matignon in Paris, France May 7, 2020. Christophe Archambault/Pool via REUTERS

 

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Nissan Murano is giving problems!!! How are vehicles even approved for consumers ? Nissan produces the worst engines and everyone knows it, yet they still get approved. Corruption is going on somewhere.

Do not think global recession ever seen locking down countries, & releasing virus, people will investigate, billgates can face prosecution & pharmecutical companies who through courts, borisjohnson & torys for collapse businesses coming.

Zoom up big! Zoom Zoom continues to decline

Good. Time to start producing electric cars, otheriwise they should go to hell.

The Japanese are also proud and if there are to be layoffs, let it be in Europe ...logical

Here it goes.. The Great Depression by A INCOMPETENT LEADERSHIP. FAILUR IS A OPTION...

Trump said that is a good news, more jobs will return to the US

❤❤❤❤❤❤❤❤❤❤

A no deal Brexit will cripple the car industry in the UK.

God help them

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Renault could disappear and must adapt: French finance ministerRenault could disappear if it does not get help very soon to cope with the fallout from the coronavirus crisis, France's Finance Minister Bruno Le Maire said on Friday, while adding the carmaker also needed to adapt to the situation. Free transfers to PBIA from Rosemary Square Cityplace Breakers Worth Ave Dial 561-ALL-TIME It will never disappear because the French gov will bail them out like they always do. There have been much better car design and manufacturers who have disappeared who weren't so lucky. PIF_en 👈
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