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Renault first-quarter revenue falls 9% on European decline

Automotive News
Thursday, 26 April 2012

Renault said first-quarter revenue fell 9 percent on declining European demand as the car industry struggles with a sluggish economy in the region and overcapacity.
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Source: WJBK FOX 2 Detroit, MI - on April 27, 2012

News video: Ford Profit Falls on Europe Sales Slump

Ford Profit Falls on Europe Sales Slump

Ford's net income fell by nearly half in the first quarter as European sales plummeted and the company paid higher taxes.

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