Article Abstract:
Full-year 2007 net profit for French auto maker Renault S.A. fell 7.6% to 2.73 bil euro, while revenue increased 1.8% to 40.68 bil euro. Renault's operating margin rose 27%. Japanese firm Nissan Motor Company Ltd. made a 1.29 bil euro contribution to Renault's results; Renault owns a 44% equity interest in Nissan.
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Article Abstract:
Regie Nationale des Usines Renault of France is advertising online over eBay Inc. The automobile giant is offering ten low-budget compact Logan sedans with special features for sale. Renault's sales in its home market of France were down 3.6 percent to the end of November this year.
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Peugeot S.A. of France and Regie Nationale des Usines Renault of France are planning on introducing a sport utility vehicle for the French market. Sales of sport utility vehicles are up 17 percent in France and account for 5.2 percent of all cars sold in France.
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