Published

Renault Nears French Labor Pact

Renault SA and its French unions could reach an agreement within days, the country's Industry Minister Arnaud Montebourg tells national radio network Europe 1.
#labor #workforcedevelopment

Share

Renault SA and its French unions could reach an agreement within days, the country's Industry Minister Arnaud Montebourg tells national radio network Europe 1.

Renault presented a proposal to its unions on Feb. 20 that calls for a one-year wage freeze, a 7% increase in the workweek to 35 hours and the elimination of at least 7,000 jobs through attrition by 2016. In exchange, the company is offering to boost its domestic output by 180,000 vehicles.

Montebourg says both parties have made concessions.

Separately, the minister says without elaborating that France's other big automaker, PSA Peugeot Citroen, needs a long-term alliance with another carmaker to ensure its survival. PSA and General Motors Co. formed a purchasing and product development tie-up in February 2012.

Montebourg also insists France won't return to a big scrappage scheme to revive auto sales. But he supports the idea of offering incentives to consumers who trade in older diesel cars for lower-emission models.

RELATED CONTENT

  • UPDATE: UAW, GM Reach Tentative Labor Deal

    General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.

  • On the Management Side: Dealing with Rule Breakers

    When an employee breaks the rules, what should his or her boss do about it?It’s an important question because the answer can affect the employee’s future behavior, his department’s morale—even a company’s relationship with a union, if one is involved.Every manager, therefore, should review his disciplinary methods periodically to make sure they are producing the most constructive results.

  • Denmark, 10 Other EU Members Urge Piston Ban

    Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.

Gardner Business Media - Strategic Business Solutions