Saturday, November 7, 2020

French Minister of Defense visits Renault Trucks Defense

French Minister of Defense Jean-Yves Le Drian made visit to Fourchambault, a few kilometers from Nevers this Thursday at the site of Renault Trucks Defense.

The company is specialized in military vehicles. 90% of the army’s engines are produced by Renault Trucks Defense (RTD). It has 1,300 employees, most of whom are based in France. Renault Trucks Defense has widely-acknowledged expertise – more than 30,000 military vehicles in operation worldwide – and its greatest success story remains the VAB.

The minister came in particular to hear the concerns of the employees, who worry about the potential buyer.

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In early November, the Swedish group Volvo, owner of RTD, announced its intention to sell.

Volvo Group Governmental Sales (VGGS) – which groups armoured vehicle and military truck brands Acmat, Mack Defense, Panhard, Renault Trucks Defense, and Volvo Defense into a division that employs around 1,300 people – is to be sold following a consultation with employees.

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