PARIS – Renault SA ended the first year of its 4-year pledge to improve results by taking called strikes on two of its three key goals. Unit sales were down 102,000 to 2.4 million, instead of advancing toward the goal of an 800,000-unit increase, and operating margin fell to 2.6% from 3.2% in 2005, while the goal is 6%. However, in detailing financial results, CEO Carlos Ghosn stands at the podium in Renault’s new communications auditorium like a proud Casey at the bat, sure the auto ...
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