Renault Samsung President: "Missing the Timing Makes the Future Uncertain... Opportunities Don't Come Twice"

Full Strike by Labor Union Leads to Partial Workplace Lockout by Management

[Asia Economy Reporter Yoo Je-hoon] Dominic Signora, President of Renault Samsung Motors, said on the 4th regarding the recent labor-management conflict, "If we miss this moment, we will miss the opportunity to showcase our cars, making the future even more uncertain."

In a Q&A sent to employees that day, President Signora stated, "In the past, there might have been another chance, but now the whole world is going through a difficult time. We should not think that Renault Samsung will get two chances."

Earlier, when the labor union launched an 8-hour full strike during the 2020 wage and collective bargaining process, Renault Samsung implemented a partial workplace shutdown starting at 7 a.m. that day. This measure was taken to continue production amid potential disruptions caused by the union's sudden strike.

Regarding this, President Signora emphasized, "It is important to unite. I hope we face the immediate reality rather than short-term gains. For the success of the New Arkana (the European export name of the XM3), meeting the initial delivery schedule and maintaining volume are most important. To receive the final choice from European customers, we must deliver the initial volume to dealers as planned."

Meanwhile, on plans to expand domestic sales, President Signora said, "Despite parts issues affecting XM3 volume and unstable production at the Busan plant, the company has prepared special support to motivate dealers and sales operation staff. We have a large stock of QM6, SM6, Zoe, and Master vehicles to achieve the sales target in May. In May and June, we need to focus on boosting sales of SM6 and Zoe."

However, regarding the vehicle semiconductor issue, he noted, "The parts supply problem caused by semiconductor chips is ongoing. It may continue to challenge us with inventory shortages for several months to come."

This content was produced with the assistance of AI translation services.