• Strategy: Lower volume and rising car prices

  • Prototype: the return of the R5, but in electric

Renault has detailed to the Inter-Center Committee the possibility that the group's Spanish factories receive new products.

Specifically,

a segment B vehicle for Valladolid, where the Captur already makes, as well as a new engine;

another car in segment C for Palencia, where the Mégane (which will no longer be made) and the Kadjar are assembled.

In addition, Seville will receive a new gearbox.

This has been confirmed by the unions after a meeting held this Friday with

José Vicente de los Mozos,

president and CEO of Renault Iberia and member of the World Executive Committee as head of manufacturing.

De los Mozos

has referred to them as "an opportunity."

However, as the UGT union has recalled, there are also other plants that choose these products, so "it is important to be agile in the decisions to be made."

In fact, the union has indicated that these announcements

"meet the conditions" that they claimed in December to sit down again to negotiate the new Industrial Plan and thus they have transferred it to the company.

"The effective award of these projects will be an essential condition for a possible agreement", they have specified.

The company has already called

a new meeting next Thursday, January 21, in which UGT hopes that all the information provided this Friday can be detailed in more depth.

Talks broke down in December as the company considered the workers' proposals to be highly unrealistic and would

raise labor costs 56%.

Image of the strategic plan presented on Thursday, January 14

According to the plan presented yesterday by Renault, the group foresees annual cost cuts of 2,500 million in fixed costs by 2023 and of up to 3,000 million by 2025.

Likewise, it will reduce its installed production capacity by 20% until 2025, remaining at 3.1 million units.

And he wants to introduce measures to cut the cost per vehicle by 600 euros.

"The plan is an opportunity for our industrial ecosystem in Spain,

which we consider a force in the world of Renault," said Renautl CEO Luca de Meo, warning that

"there will be pain" due to the search for greater competitiveness.

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