Renault to cut output by 500,000 cars due to global semiconductor shortage • FRANCE 24 English

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FRANCE 24 English published this video item, entitled “Renault to cut output by 500,000 cars due to global semiconductor shortage • FRANCE 24 English” – below is their description.

French carmaker Renault will be rolling out half a million fewer vehicles this year. That’s more than double its previous forecast. The company says it should be able to maintain its profit outlook, despite the chip shortage, by hiking car prices and cutting costs. 

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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