Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

Renault to lay-off 15,000 people globally | COVID-19 crisis

French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs

Your Story: French carmaker Renault could close plants and cut jobs

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Renault to lay-off 15,000 people globally | COVID-19 crisis

Your Story: French carmaker Renault could close plants and cut jobs