Renault mulling complete factory closures - report

Newswire

FRANKFURT, Sept 30 (Reuters) - French car maker Renault is considering the complete closure of factories because of the dire state of the European automobile market, the company's chief operating officer was quoted as saying on Sunday. "We will see. We are currently talking to the unions and explaining to them how big the gaps are in our competitiveness," Carlos Tavares told German trade newspaper Automobilwoche. "We have a competitiveness problem in western ...

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