UPDATE 1-Renault plunges into red, raises market forecast

Newswire

* Renault H1 net loss 2.712 bln euros * Confirms positive FCF, market share boost target for 2009 * Sales down 23.7 percent at 15.991 bln euros * Revises market forecast to -12 percent vs -15 pct (Adds details) PARIS, July 30 (Reuters) - French carmaker Renault on Thursday posted a worse-than-expected 2.712 billion euro net loss for the first half on plunging sales but revised its full-year forecast for the world automotive market upwards. Renault confirmed it aims at a positive ...

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