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

Filed under: Earnings/Financials,Nissan,Renault

https://o.aolcdn.com/images/dims3/GL...2-af917141e429 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, iContinue reading Renault plans $2.2 billion 'no taboos' cost cutting after first loss in a decade

Renault plans $2.2 billion 'no taboos' cost cutting after first loss in a decade originally appeared on Autoblog on Fri, 14 Feb 2020 09:09:00 EST. Please see our terms for use of feeds.



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