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Corona Covid-19 Threatens Renault's Future

Corona Covid-19 Threatens Renault's Future


Being one of the industries affected Togel Online by the Corona Covid-19 pandemic, the automotive manufacturer Renault is threatened with bankruptcy because of the economic crisis.



This was said by French Finance Minister Bruno Le Maire as reported by Reuters. He also stressed, manufacturers must immediately seek help in order to survive.


Yes, Renault can disappear. Having formed an alliance with Nissan for the past two decades, information circulating also said the Japanese automotive manufacturer will cut 20 thousand workers in Europe.


Must immediately rise, Le Maire asked Renault to immediately adapt to the situation that occurred and maintain its factory in France.


To find a way out, the Chairman of Renault, Jean-Dominique Senard is preparing a new strategy, one of which is waiting for loan approval from France.


Although some of its shares are owned by the French Government, Le Maire has not given approval regarding the loan funds.



This is related to increased production and the presence of environmentally friendly cars in the country. Together with Nissan's alliance, the manufacturer will soon announce steps to be taken to get out of the current crisis.

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