Industry / France
Renault Considers Sourcing From New Fabris
July 2009 | Company BriefNews: According to Dow Jones, French carmaker Renault has decided to buy parts from recently liquidated Chatellerault-based subcontractor New Fabris. After the supplier went into liquidation, Renault disclosed its plans to acquire the parts inventory that had been produced for it, subject to quality, quantity and on the condition that the proceeds will be used to support the indemnities of the employees.
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