Revoz to Suspend Production to Cut Inventories

Country:
Slovenia
Revoz to Suspend Production to Cut Inventories

The adjustments will come in the form of temporarily halting production at the Novo mesto plant. A Renault spokeswoman said the temporary closures did not reflect lower demand, but were part of adjustments the company normally makes two months before the end of the calendar year.

Renault's plant in Slovenia, along with the carmaker’s Douai, Flins and Sandouville sites in France, will temporarily halt production by the end of October/beginning of November.

Revoz is preparing to make adjustments to its production as parent company Renault aims to reduce its inventories to between 50 and 60 days