Renault delays launch of new Twingo until 2007

Newswire

PARIS, July 27 (Reuters) - French carmaker Renault said on Wednesday it was delaying the launch of a successor to the Twingo model until 2007, instead of a planned date in 2006, and was taking a charge of 60 million euros ($72.40 million) for the delay. Renault said in slides on its website that the delay followed a project reassesment "carried out to improve its economic equation."

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