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    Renault to rethink its production line


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    02/23/09 18:08

    After seeing a steep decline in its 2008 profits, French auto maker Renault decided to sit down for a while and rethink its plans about selling high-end cars in the European markets as well as in emerging markets.

    Carlos Ghosn, Chief Executive of the company, also decided to delay the construction of some of its factories in India while thinking of remodeling its existing lines.

    Link: Renault Delays Factories, Rethinks Models - WSJ.com

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