Renault Profits Rise Thanks To Cost Cuts

PARIS (AP) — French carmaker Renault says its profits in the first half of the year rose, partly thanks to lower costs as its revenue dropped. Though Renault upgraded its expectations for sales in Europe this year, it said the market overall will remain challenging, mainly because of weaker demand in emerging economies.

Topics:  paris ap     french   though renault   europe   renault   profits   cost   year   
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