why is renault a bad company
why is renault a bad company
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Renault is a bad company because it has made many missteps in recent years. Despite having an eye-catching vehicle lineup, poor customer service reviews and lackluster brand reputation have made the company much less profitable in recent years. In addition, Renault has been embroiled in several scandals which have diminished customer trust in the company’s motives and ethics. Poor product strategy and execution as well as leadership issues are among the reasons why Renault was named one of Europe's least admired companies for 2021 by Forbes magazine.
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why is renault a bad company
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Renault has been accused of employing low labor standards at its manufacturing plants, lacking transparency in financial matters, violating safety and environmental regulations, and offering unequal pay to women. Additionally, the company has also come under scrutiny for their dealings with the Iranian government as well as alleged favoritism toward Carlos Ghosn's family. In response to negative public opinion towards the company's practices, Renault has worked towards increasing internal transparency and adopting ethical standards for business operations.
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