Renault, also reduce its production image

Announcement to reduce production comes just after Renault announced the exact figures on sales for the month of October (Renault’s October 2008 sales dipped by 14.1 % vs Oct 2007).

Renault via Michel Faivre-Duboz said:   “The production reduction we are engaging is our answer to the rough decline of the automotive market to adjust our inventory level to the expected sales volume. Our aim is to come back, at the end of 2008, at the same level as end of 2007″

This week, the scheduling of Days Not Worked (DNWs) has been announced in several production sites in France and Europe: in Romania, the Dacia Pitesti plant will temporarily close from Nov 20th to Dec 7th ; in France, the Flins plant will temporarily close from Nov 20th to Dec 3rd, and STA Ruiz will close from Dec 10th to Jan 3rd ; in Spain, the Valladolid assembly plant will stop production for 11 days, and the Palencia plant will stop production for 7 days in November and 7 days in December.

Source: Renault