Renault looks to new launches to stem car sales fall

French car maker Renault posted a decline of almost 7% in first-half vehicle sales amid a global car slowdown but said a forthcoming product offensive would begin to help soften the blow in key markets.

Sales fell to 1.94 million light vehicles in January to June from 2.08 million a year earlier, the company said. The fall was outpaced by a fall of over 7% in the global market, it added.