Renault Cuts 300 Jobs at Sandouville Van Factory Amid Sales Decline

Renault is set to cut 300 jobs at its Sandouville van factory in Normandy, France, due to declining demand for light commercial vehicles (LCVs) amid economic uncertainty. The factory, which employs 1,700 full-time and 600 temporary workers, will see the number of interim roles halved as contracts are not renewed. This decision follows a similar move at Renault's Moselle plant, where 700 temporary contracts were also not extended. Renault Chairman Jean-Dominique Senard highlighted a challenging economic environment, noting a 14.9% drop in LCV sales in January and a 9.2% decline in February year-on-year. These cuts aim to align production with reduced market demand, reflecting broader struggles in the European automotive sector. As economic conditions remain volatile, Renault and other manufacturers may need to adapt their strategies to maintain competitiveness.