UPDATE 1-Renault confirms targets, says sales to pick up soon

Newswire

(Adds confirms operating margin, quotes, background) PARIS, April 29 (Reuters) - French carmaker Renault aims to maintain or bolster its market share in Europe this year and is targeting an operating profit margin of around four percent, its chairman confirmed on Tuesday. Chairman Louis Schweitzer also reiterated at the company's annual shareholder meeting that he expected a one to two percent dip in the western European car market this year, or as much as six to seven percent in a ...

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