Renault's South Korean Samsung Unit to Cut Jobs as it Tries to Tackle Falling Sales
Cars

Renault's South Korean Samsung Unit to Cut Jobs as it Tries to Tackle Falling Sales



It’s not only Europe that has Renault worried as the French automotive group is now having troubles in South Korea with its Samsung unit.

Renault Samsung said on Friday that it would launch its first ever voluntary redundancy programme in order to deal with falling sales both in its home market and abroad.

Read more »




- Renault Releases Captur As Samsung Qm3 In Korea, Receives 5,000 Orders
Renault’s South Korean unit Renault Samsung Motors said it has received 5,000 orders for the QM3 crossover only two weeks after opening the order books. The QM3, essentially a rebadged Renault Captur, went on sale in Korea on November 20, with...

- Renault Introduces Talisman Flagship Saloon At The Auto China 2012
The Renault brand looked into its South Korean portfolio and more precisely Samsung to find a suitable flagship model to add to its lineup in China. What the French automaker found is the Samsung SM7 that was launched in its home market in the summer...

- Renault Revives Safrane Nameplate With A New Luxury Sedan
French carmaker Renault has revealed a new mid-size luxury sedan that revives the Safrane nameplate after an eight year hiatus. The original Safrane was a rather bluntly styled 5door executive saloon built from 1992 to 2000 that was replaced in the European...

- Renault Group Reports 14.8% Sales Increase In February
The Renault Group, which consists of the Renault, Dacia and Samsung Motor brands, saw its global sales in February reach 196,692 units that accounts to a 14.8% increase compared to February 2007. In particular, worldwide sales of the Renault brand increased...

- Renault Samsung Unveils Qm5 Suv – Previews 2008 Renault Koleos Suv
Renault Samsung Motors., the South Korean affiliate of French automaker Renault, unveiled Monday (Nov. 19) its first ever SUV, the QM5 which will go on sale in the domestic market from early December. The same car but with a different grille will also...



Cars








.