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Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade

Reuters India Friday, 14 February 2020
Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
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News video: Renault posts loss, Nissan shares tumble

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Nissan shares fell to their lowest in more than a decade on Friday, while the Japanese firm's French partner Renault posted its first loss in 10 years. Ciara Lee reports

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