Renault Moves to Defuse Union Outcry Over French Factories

  • Chairman says labor talks to get underway on northern plants
  • Carmaker is suffering from significant overcapacity in France
Workers and union members protest outside the Renault SA auto plant in Maubeuge, on May 30.Photographer: Geert Vanden Wijngaert/Bloomberg
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Renault SA Chairman Jean-Dominique Senard sought to defuse a strike that erupted at a factory in northern France after the carmaker announced a cost-cutting program, saying he wasn’t planning to shut the site.