International Business News - Renault http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif French carmaker Renault said Friday it will halt production at its Moscow plant for more than two weeks in December as the global financial crisis crimps demand for cars. http://www.ibtimes.com/articles/20081128/renault-to-halt-production-at-russian-plant.htm Fri, 28 Nov 2008 09:12:26 EST Auto manufacturer Renault Trucks, a subsidiary of Sweden's Volvo, said Wednesday it would temporarily close three sites in France for up to 90 days in 2009 due to falling demand amid an economic slowdown. http://www.ibtimes.com/articles/20081119/renault-trucks-to-partially-shut-french-sites.htm Wed, 19 Nov 2008 15:57:34 EST French automaker Renault said Friday it will cut production at five sites after sales in October plunged more than 14 percent from a year earlier amid fallout from the financial crisis. http://www.ibtimes.com/articles/20081114/renault-to-cut-inventories-amid-sales-plunge.htm Fri, 14 Nov 2008 14:39:56 EST France's Renault SA cut its full-year profit targets on Thursday and reported weaker third-quarter sales as the global financial crisis caused a steep decline in European demand for cars. http://www.ibtimes.com/articles/20081023/french-automaker-renault-cuts-2008-profit-targets.htm Thu, 23 Oct 2008 13:47:42 EDT Renault SA said Wednesday sales of its cars and light trucks continued to take a battering in September due to weak European demand, putting its growth target for this year definitively out of reach. http://www.ibtimes.com/articles/20081015/renault-september-vehicle-sales-slump-in-europe.htm Wed, 15 Oct 2008 05:37:23 EDT Patrick Pelata has been appointed chief operating officer of Renault SA, the French carmaker said Friday, announcing a newly created position that it said would help boost operational capabilities. http://www.ibtimes.com/articles/20081010/pelata-named-coo-of-renault.htm Fri, 10 Oct 2008 06:21:02 EDT Renault's boss said he "cannot exclude" the possibility that the global economic slump could last as long as two years, denting the French automaker's sales. http://www.ibtimes.com/articles/20081002/renault-market-funk-may-last-2-years.htm Thu, 02 Oct 2008 07:39:14 EDT French automaker Renault SA said Thursday that it would cut 2,000 more jobs at its European subsidiaries, bringing the total number of job cuts announced this month to 6,000. http://www.ibtimes.com/articles/20080925/french-automaker-renault-announces-2-000-job-cuts.htm Thu, 25 Sep 2008 11:23:13 EDT French automaker Renault SA announced 4,000 job cuts Tuesday, prompting protests from unions and an appeal to President Nicolas Sarkozy to intervene. Renault, which had predicted lower sales volumes in July, submitted a document to union leaders saying the company is having difficulty meeting its targets for operating margins this year. http://www.ibtimes.com/articles/20080909/french-automaker-renault-announces-4-000-job-cuts.htm Tue, 09 Sep 2008 14:50:20 EDT Even as Renault SA reported a 37 percent increase in six-month net profit Thursday, the French carmaker said it plans to cut jobs and scale back production to adjust for lower-than-expected sales volumes and slowing economic growth. http://www.ibtimes.com/articles/20080724/renault-sees-higher-profit-lowers-sales-target.htm Thu, 24 Jul 2008 11:00:47 EDT French automaker Renault lowered its target for sales of cars and light trucks this year after first-half sales came in well below forecast. The group expects sales to rise between 5 percent and 10 percent, Renault spokeswoman Gita Roux said, instead of its earlier growth target of 10 percent. http://www.ibtimes.com/articles/20080709/renault-lowers-target-for-annual-sales.htm Wed, 09 Jul 2008 11:55:38 EDT