
Renault rumoured to close factories and axe Alpine A110
A French newspaper report suggests that Renault is considering the closure of four factories across France, including the Alpine factory in Dieppe – which could spell the end for the A110 sports car.
In February Reuters reported that the brand has suffered its first financial loss in 10 years. The situation has forced the company to trigger a “no taboos” cost-cutting programme, which will see the brand reduce its spending by €2 billion (roughly £1.8 billion) over the next three years.
• New 2020 Alpine A110 S review
Renault has pledged to review the performance of its factories as part of the project, with reports suggesting the brand’s factory in Yvelines, could be repurposed. The plant currently produces the Nissan Micra – although the supermini’s sales have slumped alongside newer rivals, such as the Peugeot 208 and the recently revised, all-electric Renault ZOE.
Rumours are circulating that a further three Renault models will not make it past their current generation. We’ve previously reported that the Megane hatchback faces an uncertain future, but the Koleos SUV and the Espace MPV are also rumoured to be in the firing line.
The Renault-Nissan-Mitsubishi Alliance is also still recovering from its spat with its former CEO, Carlos Ghosn, who was arrested in November 2018 on financial misconduct charges, regarding his alleged use of company assets for personal gain. Ghosn’s actions have also damaged relations between the two companies and paralysed the pair’s planned joint ventures.
Former SEAT boss Luca De Meo has been appointed the French firm’s new CEO, and will begin from 1 July.
What do you make of Renault’s cost-cutting programme? Let us know in the comments section below…
New Mercedes-AMG One hypercar will be built in Coventry
Production of the Mercedes-AMG One – Merc’s hugely complex F1 engine-powered car [..]
New 2022 Alfa Romeo Tonale SUV: UK prices and specs revealed
The new Alfa Romeo Tonale is now on sale in the UK, [..]
New Kia XCeed facelift gets £22,995 price tag
The Kia’s XCeed crossover has been facelifted for 2022 bringing a fresher [..]
‘Rodin and Moke are set to shake up the car industry’
Car company bosses come in all shapes and sizes. Elon Musk is [..]
Porsche Taycan sets new Nurburgring electric production car record
Porsche has won countless races around the Nurburgring in its history, and [..]
Sporty Hyundai Ioniq 5 N spotted testing
The Ioniq 5, our Car of the Year in 2021, is set [..]
All-electric Mercedes A-Class replacement could still be on
The A-Class was the fourth best-selling vehicle in Britain last year and [..]
New 2022 Porsche GT4 RS Spyder spotted again
Porsche’s track-honed GT4 RS is set to receive a drop-top Spyder variant [..]