A logo of Renault is seen outside a Renault car dealer in Arnhem, Netherlands February 18, 2025. REUTERS
MADRID, May 27 (Reuters) – French carmaker Renault and trade unions reached a preliminary agreement late on Tuesday in Spain that secures the manufacturing of five new models at its Palencia and Valladolid plants along with 6,000 jobs, the auto company said.
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The agreement covered issues including wages, flexibility, employment and social aspects, for the period 2026 to 2028.
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In addition to securing more than 6,000 direct jobs in the coming years, the agreement will enable the production of electric vehicles in Spain.
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Spain is Europe’s second-biggest carmaker and has sought to attract new investment in recent years by offering public aid as well as lower labour and energy costs compared to other European countries.
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The deal would secure the future of the Valladolid plant and mark a shift at the Palencia factory with the award of the new RGEV Medium 2.0 electric vehicle platform, which was unveiled in the futuREady strategic plan last March.
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In line with terms presented at a meeting held on 7 May, the company included a cap on the number of Saturdays worked and agreed to develop a future protocol on temperature control and other improvements to working conditions.
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The preliminary agreement now needs to be ratified by the various trade unions.
Reporting by Jesús Aguado and Joan Faus; Editing by Elaine Hardcastle
