GENEVA — Employees may be cut, suppliers consolidated and a popular model killed off, but Dacia Automobile S.A. will be better positioned to survive in the shrinking global automotive arena, French automaker Renault SA says on the eve of its purchase of 51% of the Romanian automaker. “Dacia has no future as an independent automaker,” says Georges Douin, Renault's executive vice president in charge of strategic and product planning, international operations. “It lacks the products, ...

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