There seem to be some speculation this Nissan 20K jobs cut was going to come mainly from Europe. I expect the France will come up with a bailout for Renault but who knows. It sounds like product lines got very dated compared to the other car makers when they locked up Carlos.cwerdna wrote: ↑Sun May 24, 2020 7:21 pm^^^
Indeed there's been speculation in the media that Nissan will cut 20K jobs but Nissan corporate hasn't announced that yet. We'll see.
And, there's been this:
Renault could 'disappear' without government help, French finance minister warns
https://www.autocar.co.uk/car-news/new- ... h-minister
https://www.cnn.com/2020/05/22/business ... index.html
Well there sounds like other old names are at risk as well. One downside for Nissan is all of the parked rentals that NIssan sold at cost that may be on the market soon.