France’s Renault posts massive loss as trouble piles up

France’s Renault posts massive loss as trouble piles up

Seattle Times

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PARIS (AP) — French carmaker Renault reported a massive loss of 7.4 billion euros ($8.5 billion) in the first half of the year as the collapse in global auto sales due to the pandemic worsened troubles already brewing at the manufacturer. Renault’s loss compared with a profit of about 1 billion euros a year earlier. […]

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