Renault profits plunge

 14 Feb 2014 - 7:15


Carlos Ghosn (right), Chairman and Chief Executive Officer of Renault-Nissan Alliance, and Renault Chief Financial Officer Dominique Thormann at the company headquarters in Boulogne-Billancourt near Paris yesterday. Renault, the second-biggest French group after struggling PSA Peugeot Citroen, said its net profit fell to €586m in 2013 from €1.75bn in 2012.