Renault Nissan's sluggish business performance led to final deficit on February 14 at 21:10

Renault in France fell to the last deficit for the first time in 10 years, affected by the deterioration of the business of Nissan Motor Co., Ltd. in the last year. Although Renault is aiming to strengthen its alliance in order to rebuild its business performance, it has not been able to predict how far the spread of the new coronavirus infection will spread, and its business has been challenging.

Renault has announced its financial results for the last year on the 14th.

This resulted in sales of 55,573 million euros, or approximately 6.6 trillion yen in Japanese yen, down 3.3% from the previous year due to lower sales and lower production for Nissan.

The net profit and loss was significantly worse than the previous year, when the profit was secured, at 141 million euros, and the Japanese yen deficit was about 16.8 billion yen, falling to the last deficit for the first time in 10 years since 2009.

This was because the profits received by Renault as major shareholders fell to one-sixth of the previous year, due to the loss of business in China and the severe deterioration of the performance of Nissan, an alliance.

Renault is aiming to strengthen its cooperation with Nissan and Mitsubishi Motors, including the development of cars, but has not yet come up with any concrete measures to rebuild its business performance.

Furthermore, due to the spread of the new coronavirus, Renault and Nissan factories are being forced to adjust production outside of China, and it is difficult to predict the extent of the effects in the future.

Difficult to determine how long the new virus will last

Renault's Interim CEO, Delbos, told a news conference that the effects of the spread of the new coronavirus could be "exceeding utmost caution over the danger of difficulties in supplying parts from China. We have set up a countermeasure office. There are lessons learned when the parts supply network was cut off in the Great East Japan Earthquake of 2011, but it is difficult to determine how long the new coronavirus will last. "

In connection with the suspension of production at factories in China and South Korea, he said, "Other areas may be affected. It is not possible to predict how much production will be affected at this stage." Was.