Renault Could Turn To Bank Loans, Said Chairman Senard
Renault cancels dividends, cuts pay to financially help its staff amid coronavirus pandemic while informing its possible plan of seeking bank loans.
Renault cancels dividends, cuts pay to financially help its staff amid coronavirus pandemic while informing its possible plan of seeking bank loans.
France demands the preservation of its “industrial jobs and sites” in the Renault-FCA merger.
More and more auto manufacturing companies are being pushed into consolidation deals.
Market is focussed on seeing whether or not the alliance of Renault survives the storm Ghosn scandal.
The auto manufacturers attempt to avoid power concentration.
A spokesperson of Renault informed that the company was prepared to resume normally in most of its sites by Monday the 15th of May 2017.