PARIS – The terrible economic conditions in Europe robbed Renault’s automotive business of the chance to earn a profit in 2012, but a 9.1% increase in sales outside Europe held losses to €25 million ($33 million). And thanks to income from its banking business, Nissan, AvtoVAZ and the sale of its AB Volvo stake, the Renault group ended up earning €1.8 billion ($2.4 billion) overall. The launch of the Clio IV in late 2012 ended four years of core-product drought, ...

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