Renault cuts 300 jobs at van factory as European market slows By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2025
0mins
Source: Investing.com
Job Cuts at Renault: Renault Group will cut 300 jobs at its van factory in Sandouville, France, due to declining demand for commercial vehicles amid economic uncertainty.
Market Decline: The European light commercial vehicle market has seen significant sales declines of 14.9% and 9.2% in January and February respectively, prompting Renault to adjust its workforce.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
