Renault Lowers Sales Outlook as Europe Auto Downturn Takes Hold

Thierry Bollore, chief executive officer of Renault SA, gestures while speaking during the global launch of the automaker’s Triber utility vehicle in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

Renault Lowers Sales Outlook as Auto Market Slowdown Takes Hold

(Bloomberg) -- Renault SA lowered its outlook for full-year sales as the French carmaker grapples with a downturn in the European car market and dismal results from partner Nissan Motor Co.