Renault profit falls 25% on costs, weak demand

Renault profit falls 25% on costs, weak demand
By David Pearson
The Wall Street Journal Europe
28 Jul 2006

PARIS—French car maker Renault SA posted a 25% fall in first-half net profit, saying it had been hit by slow demand, mounting raw-materials costs and a deteriorating product mix. Chairman Carlos Ghosn said there is an Oct. 15 deadline for a decision... read more...