Automakers are well positioned to know this: the wheels are turning. To imagine that it would run so quickly, few at Renault would have bet on it. The diamond manufacturer is doing well, after doing – very – badly. Renaulution, the three-phase rescue plan – resurrection, renewal and then revolution – has unlocked the engine.
In retro style? A nightmare 2020, accounts weighed down by the pandemic, supply disruptions and temporary factory closures in 2021, then the sale of 2.2 billion in assets in Russia in 2022 for… a symbolic 1 ruble! “Four years ago, journalists called us to talk to us about bankruptcy,” recalls Fabien Gloaguen, deputy central union representative FO of the Renault Group, measuring the progress made. The situation has been relieved and the money is coming in again. »
#succeed #total #change #Paris #Motor #Show #Renault #plays #big