Carmaker Renault posts record US$9.7 billion loss for 2020

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Renault reported a record 8 billion euro (US$9.68 billion) loss for 2020 as the COVID-19 pandemic hit sales and production at the French carmaker ...

Renault reported a record 8 billion euro loss for 2020 as the COVID-19 pandemic hit sales and production at the French carmaker and its Japanese partner Nissan.

FILE PHOTO: A logo of Renault carmaker is pictured at a dealership amid the coronavirus disease outbreak in Sint-Pieters-Leeuw, Belgium May 29, 2020. REUTERS/Yves Herman/File PhotoPARIS: Renault reported a record 8 billion euro loss for 2020 as the COVID-19 pandemic hit sales and production at the French carmaker and its Japanese partner Nissan.AdvertisementSource: Reuters

 

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