Renault profits plunge

February 14, 2014 - 7:15:00 am

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.

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