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Renault and Nissan alliance getting worse
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@rosewalker
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When the French part of the Renault-Nissan joint platform reports its results on Thursday, investors are hoping that the harsh reality is that auto manufacturers have already shown them weaknesses with the COVID-19 epidemic.
Analysts agree that Renault will report operating losses of € 1.8 billion and losses of about € 5 billion in the first half of 2020, according to analysts, according to analysts.
It has a turnaround plan the joint platform said It said it would reduce vehicle coverage by one-fifth, reduce thousands of jobs, and double the number of allies plans to cooperate more closely in car production.
Posted Using LeoFinance
