RENAULT: Renault Retail Group redefines its business model in France
11 März 2021 - 12:46PM
RENAULT: Renault Retail Group redefines its business model in
France
PRESS
RELEASE
Renault Retail Group redefines its
business model in France
- As part of its plan to change the scope of
consolidation announced in 2020, Renault Retail Group (RRG) is
resizing its activities in France this year.
- The plan calls for the sale of eight dealerships to
reliable and robust purchasers while preserving jobs.
- In a radically changing automotive market, RRG is
rethinking its business model to meet the new needs of its
customers and improve its profitability over the long
term.
Boulogne-Billancourt, March 11th, 2021 – Renault
Retail Group (RRG), a wholly owned subsidiary of Groupe Renault,
announces the continuation of its project to change the scope of
consolidation for the year 2021.
This project initiated in 2020 was presented
today at the Central Social and Economic Committee. It comprises
the disposal of eight dealerships in France. RRG has identified,
with the support of Renault's market area France, reliable and
robust purchasers - already marketing the group's brands - to
enable business to continue and jobs to be maintained.
RRG is today operating in an automotive sector
that is becoming increasingly digital and reducing the number of
intermediaries. RRG must therefore rethink its business model in
depth and follow the path of sustainable profitability by taking
into account the profound changes in the automotive market and the
evolution of customer needs. This transformation is fully in line
with Groupe Renault’s Renaulution strategic plan.
About Renault Retail Group:A
wholly owned subsidiary of Renault, RRG is Groupe Renault’s leading
distributor in Europe for vehicle sales and related services and
after-sales activities.RRG's mission is to distribute all of the
Alliance's products and services to business and individual
customers (Renault, Dacia, Alpine and Nissan in certain
countries).RRG is present in 13 European countries.
For more information :
Rie YAMANErie.yamane@renault.com Tel : +33 6
03 16 35 20
- 2021 03 11 RRG - Release EN
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