While PSA Peugeot Citro n batteries a historic loss of 5 billion euro in 2012, Renault announced, Thursday 14 February, a EUR 1.7 billion net profit n b. Carlos Ghosn, CEO of Renault, d size these results r 2012.
Renault continues losing share of march in Europe. Why?
Has what impact this had financially? Most of your competitors (d) think more that they earn. What about Renault?
The sales decline, but in terms of profitability, the group is solid. Despite the extremely extremely difficult, automotive activity context is the balance and our available cash flows reached s pr of EUR 600 million. Other good news: for the first time since 1999, Renault has more debt.
Our balance sheet is very healthy and, unlike most of our competitors, this effort has not made the d detriment of our development plan: implantation in China this year, taken control the Russian Avtovaz, in 2012. We have also double our capabilities of production in India and the Br sil. Finally, all new mod outputs them are maintained.
But then how can we justify the deletion by 2016 of 7,500 jobs in France?
There are two fa ons look at the situation. It can be seen that the bottle is half full when we consider re the robustness of our financial results r. But you can also watch the half empty bottle on the industrial plan. Today, does anyone think reasonably that the European market in will, short term, its record levels of 2007. The difficult is pr server the existing heritage, without questioning the future. Thus, if we are backwards in Europe, it is not question to abandon this march.
My plan to turn factories Renault in France needs to Nissan and Mercedes. It's a win-win relationship, which allows to increase the rate of plant Renault, while avoiding our partners to invest in new s capacity of production. But for that to work, it is imperative imp of am improve the French sites titivit comp. It is the goal of the agreement we n negotiating.
Find the maintenance gralit int in the pages ofWorld dat 15 f February and Subscriber space s s d e morning late Monde.fr.
?
No comments:
Post a Comment