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Renault announces restructuring following Nissan, Mitsubishi

In what has turned out to be a terrible week for global car makers, Renault announced a major cost cutting programme on Friday. The French auto business is part of the same group as Nissan and Mitsubishi and wants to cut 15000 jobs worldwide in a 12 billion dollar savings plan. On Thursday Nissan announced a similar restructuring. The combined group lost money in 2019 and sales have been further hit by the coronavirus crisis. Simon McGregor-Wood has more. #nissan #renault #mitsubishi

Renault-Nissan-Mitsubishi auto alliance reshuffles its board | Money Talks

Renault-Nissan-Mitsubishi auto alliance reshuffles its board | Money Talks

Nissan removes Carlos Ghosn from board | Money Talks

Nissan removes Carlos Ghosn from board | Money Talks

Ousted Nissan chairman Carlos Ghosn arrested, faces more charges | Money Talks

Ousted Nissan chairman Carlos Ghosn arrested, faces more charges | Money Talks

Nissan fires chairman Carlos Ghosn | Money Talks

Nissan fires chairman Carlos Ghosn | Money Talks

British pound tumbles to new all-time low against the US dollar

British pound tumbles to new all-time low against the US dollar

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Japan bids farewell in state funeral for former prime minister

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NASA crashes spacecraft into asteroid

NASA crashes spacecraft into asteroid

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More than a dozen killed in school shooting in Izhevsk

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Far right leader Giorgia Meloni claims victory in elections

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DART spacecraft due to hit asteroid in major test

DART spacecraft due to hit asteroid in major test

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