Renault H1 operating margin falls on Japan woes

Newswire

PARIS, July 28 (Reuters) - French car maker Renault on Thursday said its first-half operating margin fell 19.2 percent to 630 million euros, hit by the Japan disaster, which had far-reaching effects on the global auto industry. The first-half automotive operating margin was hit by a 150 million-euro ($218 million) negative impact from the March Japanese earthquake and tsunami, and Renault said it saw a further 50 million impact in the second half. The first-half automotive operating ...

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