Renault seals pre-agreement with unions to build five new models in Spain

Renault Spain management and unions UGT and CCOO have signed a 2026-2028 collective agreement pre-deal that unlocks three electric vehicles for Palencia and two hybrids for Valladolid.

The pre-agreement was reached on May 26 after a meeting at the Ministry of Industry chaired by Minister Jordi Hereu. It averts planned strikes and keeps Spain as a strategic base for the group’s electrification.

The text includes one-off gross payments of 400 euros in 2026 and 2027 plus 200 euros in 2028, a 15 % rise in overtime rates and 300 permanent contracts. The company will also invest at least 300,000 euros annually in plant improvements.

Unions CSIF and CGT rejected the deal, calling the wage recovery insufficient after the 2021-2022 freezes. Management had tied new model allocations to acceptance of this labor framework.

The agreement coincides with the departure of Josep Maria Recasens as president of Renault Spain to join Indra as chief executive.

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Iberia executives and union leaders sign voluntary redundancy deal for 996 workers, with airport view in background.
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Iberia and unions sign deal for voluntary redundancy of 996 workers

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Iberia and most of its unions have reached an agreement for a voluntary employment regulation file (ERE) affecting 996 employees, according to union and company sources. The deal includes early retirements at 80% of regulatory salary and incentivized redundancies of 35 days per year worked. It affects about 9.4% of the 10,700-strong workforce.

Nissan has informed unions of plans to apply an ERE to 211 employees at its Catalan centers, 37 percent of a 596-person workforce. The measure affects three facilities in the Barcelona area.

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Stellantis and Leapmotor announced today an expansion of their strategic alliance, including production of a new Opel electric model at the Figueruelas plant in Zaragoza starting in 2028.

Spain's Ministry of Transport has agreed with the National Road Transport Committee (CNTC) to modify the road freight price review formula, raising fuel's weight from 30% to 40% currently. The measure addresses the crisis from the Iran conflict since February 28 and adds to existing aids. The new royal decree-law will go to the Council of Ministers tomorrow.

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The Unión Sindical Obrera announced mobilization days starting May 20 to back negotiations for a new collective agreement with Ecopetrol. The actions aim to defend decent employment and labor stability.

One year after the April 28, 2025, blackout that paralyzed power for 36 million consumers across Spain, Portugal, and parts of France, Spain's CNMC has escalated sanctions against Red Eléctrica and utilities including Endesa, Iberdrola, and Naturgy. Reinforced grid operations have spiked electricity costs, yet no structural reforms or political accountability have emerged.

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Tubos Reunidos filed for voluntary creditors' arrangement on Monday before an Álava court due to cash tensions worsened by the indefinite strike at its Amurrio plant. The CNMV immediately suspended trading of its shares. The company aims to protect the interests of creditors, workers, suppliers, and shareholders.

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