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Friday June 15, 2:09 PMRenault exec says French dealership changes normalPARIS, June 15 (Reuters) - A leading director at French carmaker Renault said on Friday that a possible sale of some of its French dealer network would be a "normal" business procedure for the company.Newspaper Les Echos reported on Friday that Renault would announce plans next week to sell part of the network in an attempt to bolster its margins which Les Echos said were being eroded in France. Asked to comment on the report, Renault senior vice-president for France Jacques Chauvet told BFM radio station: "It's a perfectly normal business thing to do." In April, Renault reported a 2.7 percent fall in first- quarter sales as customers held off from buying cars until the launch of new models. |
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