PARIS – Renault SA expects a second straight difficult year in 2010, following its €3.7 billion ($5.1 billion) in red ink in 2009. CEO Carlos Ghosn says the auto maker’s financial strategy will go unchanged, energizing everyone in the company to achieve a positive free-cash flow, as Renault did last year to the tune of €2.1 billion ($2.9 billion). Renault’s main problem this year is two of its main markets, Europe and the Mediterranean area, are expected to decline, and Renault doesn’t ...
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