Renault gets a 'wake-up call' — a record $8.6 billion loss
 

Filed under: Earnings/Financials,Nissan,Renault

https://o.aolcdn.com/images/dims3/GL...b-7d671c9d8e6b French carmaker Renault said it had been given a wake-up call on Thursday with a record net loss of 7.29 billion euros ($8.6 billion) in the first half of the year, inflicted by the COVID-19 crisis and troubles at its alliance partner Nissan. Renault shares were down 3.3% when trading opened in Paris. "Today's results will be a disturbing wake up call," CEO Luca de Meo, the former Volkswagen executive who started at Renault this month, said on a call with analysts.Continue reading Renault gets a 'wake-up call' — a record $8.6 billion loss

Renault gets a 'wake-up call' — a record $8.6 billion loss originally appeared on Autoblog on Thu, 30 Jul 2020 08:33:00 EDT. Please see our terms for use of feeds.



Permalink | Email this | Comments

أكثر...