Renault lowers sales outlook as market slowdown takes hold


  • Business
  • Saturday, 27 Jul 2019

PARIS: Renault SA lowered its outlook for full-year sales as the French carmaker grapples with an auto market downturn and dismal results from partner Nissan Motor Co.

Revenue will be close to last year’s level rather than grow, according to a statement yesterday.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Protecting trade is protecting yourself
Fed dampens hopes for rate cut
F&N to use cost management measures
Yew Lee expects to return to profitability on wider customer base
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing
Rents for luxury homes in Singapore jump in 1Q amid wider slump

Others Also Read