MOSCOW, Nov 28 (Reuters) - French automaker Renault will stop the assembly line at its Moscow plant for two weeks in December as demand weakens due to the financial crisis, a company spokesman said on Friday. "It was the only reasonable decision. We saw a drop off in October, then again in November, and by our forecasts, it will continue through December," said Renault Russia spokeswoman Olga Sergeyeva, adding the measure would help avoid lay-offs. Production will cease between Dec. 12 ...
Premium Content (PAID Subscription Required)
"Renault to halt production at Russia plant" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.