UPDATE 1-Lagardere halts production of Renault Avantime car

Newswire

(Adds details, background) PARIS, Feb 26 (Reuters) - France's Lagardere said on Wednesday it was halting production of Renault's Avantime car, calling the futuristic coupe a commercial failure. The decision by Lagardere, whose Matra Automobile unit assembles the Avantime for Renault, effectively puts an end to the media firm's automobile business. Lagardere said that in December orders for the car averaged only 15 per day, and that despite a marketing drive and launches of other models ...

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