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Added on the 30/05/2025 12:19:41 - Copyright : Frandroid
Nissan CEO Makoto Uchida welcomes the restructuring of the cooperation agreement between car manufacturers Renault and Nissan, which sees Renault reducing its stake in the Japanese firm from 43.4 percent to 15 percent, the same size as Nissan's share in its French counterpart. Speaking at a press conference in London, Makoto Uchida says he's "very confident that this new structure will deepen mutual trust," and will "ensure that each member contributes with their strengths and works with shared ambitions." SOUNDBITE
Protesters gather at the Aveyron Metallurgy Company (SAM), to denounce the suppression of over 300 jobs, following a decision by Renault to refuse the only offer to take over the foundry. IMAGES
"Management betrayed us. They did not respect their commitments": employees at the Renault factory in Flins, 40km to the west of Paris, rage over what they see as a "betrayal" by the plant's bosses after it is announced that production at the plant will stop in 2024. The move is part of wider cost-cutting measures taken by the French car manufacturing giant. IMAGES
Hundreds of Renault employees take part in a demonstration against the planned closure of the Choisy-le-Roi factory in the southeastern suburbs of Paris. IMAGES
French Finance Minister Bruno Le Maire meets with union representatives from Renault's Maubeuge site, local elected officials and Renault Chairman Jean-Dominique Senard to discuss the future of the site. The carmaker plans to transfer the production of Kangoo electric light commercial vehicles to its Douai site, which employs around 2,900 people and is about 70 km from Maubeuge. IMAGES
Union representatives from Renault's Maubeuge site arrive at France's Finance Ministry to meet minister Bruno Le Maire and discuss the announcement of 4,600 job cuts. IMAGES
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