Renault in 'suspended animation'

  • 12 years ago
French car maker Renault says the sales slump in Europe hit profit in the first half of the year.

Its manufacturing arm did earn 87 million euros, but that was down by 35 percent from last year.

The maker of Clio and Megane cars said it burned through 200 million euros in that period and will work harder to conserve cash.

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http://www.euronews.net/

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