Renault Group pressures Renault Samsung Motors to magnify productivity or the business will not survive
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Renault Group called on its South Korean division Renault Samsung Motors to boost its productivity and competitiveness because the business may not survive. The call was made since the negotiation between the union and management in South Korea over wage issues was not yet settled.
Apparently, as the problem continues, the productivity of Renault in S. Korea has been affected. It is stalling works, so a senior Renault Group executive asked its Korean division to look for ways to better the company’s productivity.
Renault SA has told workers at Renault Samsung Motors in South Korea the company needs to ramp up production and cut manufacturing costs in order to stay afloat. related to Vehicle manufacturers, Vehicle manufacturing, Renault S.A., Renault,