Feb 14, 2019
PARIS | Renault's revenue, net profit down in 2018
PARIS | Renault’s revenue, net profit down in 2018
PARIS (AP) — French carmaker Renault said Thursday its revenues were down 2.3 percent to 57.4 million euros ($64.9 million) last year, announcing its financial results in the wake of former chairman Carlos Ghosn‘s downfall.
Renault said its net profit was down too, to 3.45 million euros, compared to 5.3 million euros the previous year.
Renault justified the loss in net income by “a decline from…
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