Paris, February 27, 2020 – Against a backdrop of a deep-seated transformation in the #automotive market and constantly evolving customer needs, #renaultretailgroup (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:
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. #renaultretailgroup 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, #renaultretailgroup realized 35% of the sales volume in France and 20% in Europe.
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