(FILES) This photograph shows the logo of the French company "Renault" displayed at the Paris Motor Show at Paris Expo Porte de Versailles in Paris on October 16, 2024. French carmaker Renault announced on June 24, 2026 a voluntary redundancy plan in France affecting 800 engineers, mainly in the Ile-de-France region, as part of a reorganisation of its engineering division aimed at countering Chinese competition. (Photo by JULIEN DE ROSA / AFP via Getty Images)