Freezing of salaries, lower premiums … How Valeo wants to lower wage costs by 10%

Already experienced for a few weeks in the aeronautical industry, collective performance agreements tumble into the automobile. To cope with “an unprecedented crisis”, Valeo began negotiations with unions at the end of June with a view to obtaining a collective performance agreement. The idea is to manage to reduce labor costs by 10%, which represents… Continue reading Freezing of salaries, lower premiums … How Valeo wants to lower wage costs by 10%

Michelin commits to a revitalization plan in Vendée

The state and the management of Michelin signed a revitalization agreement on June 30, 2020 linked to the closure of the Michelin factory in La Roche-sur-Yon (Vendée). To read the entire article, SUBSCRIBE For immediate access, pay online by credit card By subscribing to The New Factory, you access: A unique vision of the industry… Continue reading Michelin commits to a revitalization plan in Vendée

Renault’s future CEO Luca de Meo sees a “challenge” in his recovery

A first appearance before taking official post. Former Seat brand executive Luca de Meo spoke for the first time at Renault’s general meeting on Friday (June 29th). In less than two weeks, on July 1, this Italian leader will become the new general manager of the three-color manufacturer, succeeding Clotilde Delbos who had so far… Continue reading Renault’s future CEO Luca de Meo sees a “challenge” in his recovery

Renault wants to quadruple the production of electric vehicles in France

A few days after having unveiled its broad restructuring plan, Renault says a little more about his strategy. The French automaker plans to quadruple its production of electric vehicles in France by 2024, said President Jean-Dominique Senard on Friday, June 19, at the general meeting of shareholders. The group, he added, did not request a… Continue reading Renault wants to quadruple the production of electric vehicles in France

Peugeot Japy filed for bankruptcy

The health crisis did not spare the Peugeot Japy company based in Valentigney (Doubs) and its 245 employees. Bought by the Farinia group two years ago, this manufacturer of steel components for the automotive industry, especially for gearboxes, filed for bankruptcy on June 2 after seeing its turnover melt like snow in the sun. .… Continue reading Peugeot Japy filed for bankruptcy

PSA plant in Mulhouse to produce up to 10 million masks per month

PSA also has the capacity to produce surgical masks. The automaker announced Thursday May 28 the installation of a first automated production line in its factory in Mulhouse (Haut-Rhin) from August. A second line must be put into operation at a French partner, until the repatriation of this production planned in Mulhouse in August 2021.… Continue reading PSA plant in Mulhouse to produce up to 10 million masks per month

Renault Sandouville will restart on May 21 at 9:18 p.m.

Renault management announced the reopening of the Sandouville site (Seine-Maritime) during an extraordinary CSE on May 20, in the presence of the site’s three representative unions, the CGT (35.64% in the last elections) , FO (35.61%) and CFE CGC, all duly convened this time by a bailiff (and not by email). To read the whole… Continue reading Renault Sandouville will restart on May 21 at 9:18 p.m.

“To revive the industrial fabric in France, we must go beyond” support for electricity, according to the boss of the Automotive Platform

The New Factory. – Minister of Economy Bruno Le Maire said that the car support plan would be released “within two weeks”, saying “the faster the better”. Do you share his observation? Marc Mortureux. – There is indeed an emergency. We are coming out of two months of almost complete shutdown. Today, the activity rate… Continue reading “To revive the industrial fabric in France, we must go beyond” support for electricity, according to the boss of the Automotive Platform

Renault plans to reopen the Sandouville plant on May 22

No Ascension Bridge for the factory Renault from Sandouville. Closed since May 7, following a court decision, the plant is expected to reopen on Friday, May 22. This decision was announced this Wednesday, May 20 in the morning to the unions of the factory, which produces the Renault Trafic and derivatives of the van for… Continue reading Renault plans to reopen the Sandouville plant on May 22

Battle of lobbies around European objectives to reduce CO2 emissions in the automobile

“Now is not the time to go back on Europe’s basic emission rules”, insist several civil society organizations and large groups – such as the Swedish giant Ikea or the multinational Unilever – in a letter sent on Thursday 16 April to the European Commission. The 14 co-signers say they are “very concerned” about the… Continue reading Battle of lobbies around European objectives to reduce CO2 emissions in the automobile