PARIS – French auto makers Renault SA and PSA Peugeot Citroen ended 2006 with falling sales and started 2007 with Moody’s cutting their credit ratings, yet both auto makers foresee a moderate return to health this year based on new products. The sales environment outside Asia won’t be particularly helpful. Carlos Ghosn, CEO of Renault and Nissan Motor Co. Ltd., predicted to reporters at this month’s North American International Auto Show in Detroit that sales would decline this year in ...
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