Ghosn to guide Renault in tough times for autos

Newswire

By Louise Knowles PARIS, April 28 (Reuters) - Carlos Ghosn, who takes over as Renault chief executive on Friday, will inherit a car maker in rude health, a far cry from the near-bankrupt Nissan he joined in 1999 and nursed back to profitability. But despite record profits in 2004 and a model line-up whose quirky design has blown competitors out of the water in recent years, Renault is not immune to tough market conditions which are battering the sector. Renault has performed better ...

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