France wants Renault security on jobs and factories

A merger between Fiat and Renault must include guarantees on French jobs and factories and fit with an existing Franco-Japanese car partnership, according to France finance minister Bruno Le Maire.

France wants Renault security on jobs and factories

A merger between Fiat and Renault must include guarantees on French jobs and factories and fit with an existing Franco-Japanese car partnership, according to France finance minister Bruno Le Maire.

The French government wants safeguards on maintaining industrial jobs in France and “zero” site closures, he said. Renault chairman Jean-Dominique Senard, who is leading merger talks, “has to come back to me on the guarantees he has obtained from Fiat on Renault’s footprint in France”.

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