Renault considers shutting factories

Renault is considering the complete closure of its factories because of the dire state of the European car market, the company’s chief operating officer said yesterday.

Renault considers shutting factories

“We will see. We are currently talking to the unions and explaining to them how big the gaps are in our competitiveness,” Carlos Tavares told German trade newspaper Automobilwoche.

“We have a competitiveness problem in western Europe and France.”

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