Renault reassures its teams before its revolution

by time news

2023-05-09 19:46:08

In France, of the 38,000 employees of the group, around 10,000 will find themselves in the brand new subsidiary Ampère, which will mainly bring together staff in Hauts-de-France (here, Maubeuge). FRANCOIS LOANS IT/AFP

DECRYPTION –The management of Losange built a common social base for all its French subsidiaries on the eve of the creation of Ampère.

Renault’s “decompartmentalization” is progressing. The major reorganization presented by Luca de Meo, the group’s general manager, with, on the one hand, the production of electric vehicles around Ampère, and on the other that of hybrids and thermal cars around Horse, is taking shape. .

This movement, which must ensure a future for the group, is also a disruption for the employees, some of whom will change companies in a few months.

Starting this summer, Renault will give birth to Horse, a new entity based in Madrid. It will bring together Renault’s factories and R&D centers and their employees located outside France (Spain, Romania, Turkey, South America, etc.) who manufacture engines and gearboxes. In a second step, Horse will merge with the new joint venture formed with the Chinese Geely, which will hold 40% alongside the Saudi Aramco (20%), Renault being at 40%. At the birth of this company whose name is not yet known, Horse will be deconsolidated from the accounts…

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