EUROPE'S car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe.
French finance minister Bruno Le Maire, who is considering a £4.5billion loan for Renault to help it through the crisis, warned on Friday the company's future was at stake.Le Maire said Renault's French plant in Flins mustn't close and the company should be able to keep as many jobs as possible in France, but also said it needed to adapt and be competitive.The Flins factory, northwest of Paris, is where Renault makes its electric Zoe models and the Micra car for Nissan.
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