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Business

Renault profits plunge

Published: 14 Feb 2014 - 07:15 am | Last Updated: 28 Jan 2022 - 04:21 pm

Carlos Ghosn (right), Chairman and Chief Executive Officer of Renault-Nissan Alliance, and Renault Chief Financial Officer Dominique Thormann at the company headquarters in Boulogne-Billancourt near Paris yesterday. Renault, the second-biggest French group after struggling PSA Peugeot Citroen, said its net profit fell to €586m in 2013 from €1.75bn in 2012.