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22 Apr
16:08

Renault expects production loss, focus on cost reduction

French carmaker Renault Group said on Friday it expects a production loss of 300,000 vehicles this year, mainly in the first half, Kallanish reports. The environment remains impacted by the semiconductor crisis, in addition to the group’s decision to suspend manufacturing activities in Russia. To navigate these conditions and strong cost inflation, the group says it’s pursuing its commercial policy focused on value and strengthening its competitiveness…
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