Article: Lower European demand hurts Renault; Caption Only [Photo: Yoshikazu Tsuno, AFP, Getty Images / A SEQUEL OF...]

Renault SA, France's second-largest carmaker, said first-quarter revenue fell 2.7 percent as the company lost market share in Europe to competitors including Toyota Motor Corp. and Fiat SpA.

Revenue dropped to $13.9 billion the company said in a statement late last week. Vehicle sales declined 3.8 percent to 597,600, led by an 8.5 percent decline to 417,200 units in Western Europe. French sales fell 9.5 percent to ...

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