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Article: Lower European demand hurts Renault; Caption Only [Photo: Yoshikazu Tsuno, AFP, Getty Images / A SEQUEL OF...]
- Article from:
- Chicago Sun-Times
- Article date:
- April 30, 2007
- Author:
CopyrightCopyright 2007 Chicago Sun-Times. (Hide copyright information)
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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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