SAO PAULO – The loss of market share by Renault SA in Brazil, due to declining sales of the Clio, is taking its toll on French suppliers here. “Unfortunately, the Renault Clio did not live up to the original projections, but we expect a recovery in sales in the near future,” says Didier Schneider, a member of the presidential board of the Federation of Automotive Equipment Industries (FIEV) in Paris. “We are confident that Renault will solve this problem rapidly.” Meanwhile, the Assn. of ...
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