Share

Renault demands to unions 'reasonable'

Paris - The productivity concessions that French car maker Renault is seeking at its domestic plants are "reasonable", Industry Minister Arnaud Montebourg said in a newspaper interview on Friday. 

"I prefer reasonable efforts, rather than bankruptcies and plant closures," Montebourg, who has previously been a hardliner against layoff plans, told regional daily La Voix du Nord.

Renault is cutting 7 500 jobs over three years without compulsory redundancies and is demanding union concessions on pay, flexibility and working hours in return for guarantees to keep French plants open.

The company has told unions it could produce an extra 80 000 vehicles a year at its domestic factories for partners Nissan  or Daimler if workers agreed to a new labour deal.

That would represent 15% of Renault's 2012 French production.

Montebourg also said that Renault should start reinvesting in France and that the government will be "inflexible" on this front.

France's car manufacturing woes are not restricted to Renault. Rival PSA Peugeot Citroen is struggling to reverse mounting losses by scrapping more than 10 000 domestic jobs and closing an assembly plant near Paris. 
 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.22
-0.0%
Rand - Pound
23.96
-0.0%
Rand - Euro
20.58
-0.1%
Rand - Aus dollar
12.50
-0.1%
Rand - Yen
0.12
+0.1%
Platinum
910.30
-0.2%
Palladium
997.50
-0.8%
Gold
2,314.26
-0.1%
Silver
27.09
-0.3%
Brent Crude
88.02
-0.5%
Top 40
68,573
+0.8%
All Share
74,514
+0.7%
Resource 10
60,444
+1.4%
Industrial 25
104,013
+1.2%
Financial 15
15,836
-0.4%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders