Tag: restructuring

French Government Warns Renault Against Job Cuts, Factory Closures

<img data-attachment-id="1692102" data-permalink="https://www.thetruthaboutcars.com/2019/10/corporate-coup-renault-officially-needs-a-new-ceo/shutterstock_1166218852/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="Renault sign" data-image-description=" josefkubes/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-610×407.jpg” class=”aligncenter size-large wp-image-1692102″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1166218852.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Last week, Renault reported its first significant loss in a decade (€141 million) and a 3.3-percent decline in annual […]

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Nissan CEO Prepares to Swing the Axe Even Harder; North America in the Line of Fire

<img data-attachment-id="1681360" data-permalink="https://www.thetruthaboutcars.com/2019/07/2019-nissan-kicks-review-shut-up-and-drive/2019-nissan-kicks-badge/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge.jpg" data-orig-size="6000,4000" data-comments-opened="1" data-image-meta="{"aperture":"2.8","credit":"Chris Tonn","camera":"NIKON D7100","caption":"","created_timestamp":"1559965961","copyright":"\u00a9 Chris Tonn christonn.com","focal_length":"200","iso":"400","shutter_speed":"0.0125","title":"","orientation":"0"}" data-image-title="2019 Nissan Kicks badge" data-image-description=" Image: © 2019 Chris Tonn ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-610×407.jpg” class=”aligncenter wp-image-1681360 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-610×407.jpg” alt=”2019 Nissan Kicks badge” width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/2019-Nissan-Kicks-badge-120×80.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Dismally poor performance in a key […]

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Daimler: Here Come the Savings, There Go the Jobs

<img data-attachment-id="1580596" data-permalink="https://www.thetruthaboutcars.com/2017/07/production-2018-mercedes-benz-x-class-pickup-truck-revealed-priced-e37294/mercedes-benz-x-klasse-power-exterieur/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road.jpg" data-orig-size="1400,933" data-comments-opened="1" data-image-meta="{"aperture":"8","credit":"Daimler AG","camera":"NIKON D3X","caption":"Mercedes-Benz X-Klasse \u2013 Exterieur, Beringwei\u00df metallic, Ausstattungslinie POWER \n\nMercedes-Benz X-Class \u2013 Exterior, bering white metallic, design and equipment line POWER","created_timestamp":"0","copyright":"Daimler AG","focal_length":"135","iso":"100","shutter_speed":"0.002","title":"Mercedes-Benz X-Klasse \u2013 Power Exterieur","orientation":"1"}" data-image-title="2018 Mercedes-Benz X-Class Power" data-image-description=" Image: Mercedes-Benz ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road-610×407.jpg” class=”aligncenter size-large wp-image-1580596″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road-610×407.jpg” alt=”2018 Mercedes-Benz X-Class Power – Image: Mercedes-Benz” width=”610″ […]

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‘Do or Die’: Nissan Buying Out U.S. Employees As Cost-cutting Spree Continues

<img data-attachment-id="1679096" data-permalink="https://www.thetruthaboutcars.com/2019/06/nissan-reforms-pass-saikawa-reappointed-as-ceo/shutterstock_379189045/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045.jpg" data-orig-size="1000,597" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="nissan logo nissan sign dealership" data-image-description=" FotograFFF/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-450×269.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-610×364.jpg” class=”aligncenter size-large wp-image-1679096″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-610×364.jpg” alt width=”610″ height=”364″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-610×364.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-75×45.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-450×269.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-768×458.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-120×72.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> In an effort to reduce expenses and lower its headcount, an embattled Nissan is offering […]

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