Renault warning of slowing sales haunts rest of European car industry

Renault set a gloomy tone for the European car industry by slashing its outlook for revenue and profit, saying weakening economies are weighing on car sales and tougher rules on emissions have increased costs.

Renault warning of slowing sales haunts rest of European car industry
Sat, 19 Oct, 2019 - 00:00
Bloomberg

By Ania Nussbaum and Francois de Beaupuy

Renault set a gloomy tone for the European car industry by slashing its outlook for revenue and profit, saying weakening economies are weighing on car sales and tougher rules on emissions have increased costs.

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