Tag: France

Renault’s Restructuring Plan Calls For 15,000 Layoffs Worldwide, 17.5% Lower Production Capacity

Yesterday Nissan revealed its restructuring plan and today it is Renault’s turn to do the same. Renault Group’s main objective is to reduce fixed costs by more than €2 billion ($2.22 billion) over the next three years to restore its competitiveness and “ensure its long-term development within the framework of the Alliance.” Achieving savings of […]

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Ford Mustang Mach-E Delayed In Some European Countries Until 2021

It has been revealed that deliveries of the Ford Mustang Mach-E will be pushed back until 2021 in a number of European countries. Ford had been planning on delivering the all-electric Mustang Mach-E to Europe later this year, but in emails sent to those who have ordered the car it confirmed disruptions caused by the […]

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Renault May Close Four French Plants, Alpine A110 And Five Other Models In Danger

Renault is looking to tighten the belt in order to save €2 billion ($2.2 billion) by 2022 as part of a massive cost-cutting plan. To do so, they will reportedly close several factories in France. Citing local media, AutoNews claims that one of the facilities in danger is in Dieppe, one of the smallest in the […]

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Apple Fined Record $1.2 Billion by French Competition Watchdog for Anti-competitive Behavior

Apple has been fined a record 1.1 billion euros ($1.23 billion) by the French competition watchdog for its anti-competitive behavior in its distribution network and abusing the economic dependence of its resellers. Additionally, the competition watchdog fined Tech Data and Ingram Micro, two of Apple’s resellers, 63 million euros and 76 million euros for agreeing […]

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