Renault: Renault Retail Group presents its project to change scope between now and 2024
27 Février 2020 - 02:30PM
Renault: Renault Retail Group presents its project to change scope
between now and 2024
PRESS
RELEASE
2/27/2020
Renault Retail Group presents its project to change
scope between now and 2024
- Renault Retail Group (RRG) is planning to resize its
business activities in France.
- The project will involve the sale of ten dealerships to
reliable and robust purchasers, safeguarding jobs.
- The project will enable RRG to pursue its recovery and
optimize future investments.
Paris,
February 27, 2020 – Against a backdrop of a deep-seated
transformation in the automotive market and constantly evolving
customer needs, Renault Retail Group (RRG) presented its project to
change scope between now and 2024 to the Central Social and
Economic Committee (CSEC) on February 27.
To
ensure sustainable and profitable growth, RRG’s project responds to
three key issues:
- Prepare for the future by adapting to new consumer behavior,
notably the digitalization of the customer journey,
- Adapt its business scope to concentrate investments and support
business growth,
- Safeguard jobs and the representativeness of Groupe Renault
brands in France.
In
France, the project comprises the disposal of ten dealerships and
the property sale of RRG’s Grenelle site in Paris. With support
from Renault’s Market Area, France, the group has identified
reliable and robust buyers (already marketing the group’s brands)
enabling the continuation of business activity and the protection
of jobs.
Renault Retail Group, a wholly owned
subsidiary of Renault, is the number-two automotive distribution
company in Europe, with two million customers. Renault Retail Group
markets the Renault, Dacia and Nissan brands and has 12,000
employees at 275 sites in 14 European countries (94 sites in
France). In 2019, Renault Retail Group realized 35% of the sales
volume in France and 20% in Europe.
FOR MORE INFORMATION, PLEASE CONTACT:Céline
FuretCorporate Press Officerceline.furet@renault.comMob.: +33 (0)6
17 41 13
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- 20200227 CP RRG 2020-2024 - EN