Thursday, May 16, 2013

Renault Expects Euro Car Market to Decline 5% This Year

http://www.bloomberg.com/news/2013-05-16/renault-expects-european-car-market-to-decline-5-this-year.html

The French carmaker, whose worldwide deliveries last year fell 6.3 percent to 2.55 million cars and light vehicles, expects the European market to be “slightly better” in the remaining three quarters of this year than the first three months, when European market sales fell 10 percent after a“very poor performance,” Tavares said at a news conference in Istanbul May 14.

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