Renault Boss Aims to Revive Ailing Firm

Summary


Renault boss Carlos Ghosn yesterday set out his plans for reviving the fortunes of the "fragile" French automotive group, which owns 44 per cent of Nissan.

They include developing a new luxury range of cars to give the company a slice of a market sector it had hoped to buy its way into through a rumoured failed bid for Jaguar.

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Extract


Renault Boss Aims to Revive Ailing Firm

But with Ford adamant that the West Midlands' "Big Cat" brand is not for sale, Renault now faces at least a three year wait before ...

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