PARIS (Reuters) – French carmaker Renault
Group operating losses, factoring out the effect of Nissan’s losses, were at 2 billion euros, the company said. Sales fell 34.9 %, a result the company attributed mainly to the global COVID crisis.
Renault, which with alliance partners Nissan and Mitsubishi is embarking on a major turnaround programme, burned through $6.375 billion euros in cash over the first half.
(Reporting by Gilles Gillaume; Writing by Christian Lowe)

