Renault to halt production at Russia plant

Newswire

MOSCOW, Nov 28 (Reuters) - French automaker Renault will stop the assembly line at its Moscow plant for two weeks in December as demand weakens due to the financial crisis, a company spokesman said on Friday. "It was the only reasonable decision. We saw a drop off in October, then again in November, and by our forecasts, it will continue through December," said Renault Russia spokeswoman Olga Sergeyeva, adding the measure would help avoid lay-offs. Production will cease between Dec. 12 ...

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