France warns Renault could disappear; Nissan plans job cuts

Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe. Renault and Nissan have been in a carmaking alliance for the past two decades and are due to announce a strategy update next Wednesday. The plan was originally billed as a reset of their relationship, which was rocked by the November...