UPDATE 2-Renault maintains 2008 margin target

Newswire

(Adds further quotes, background) By Matthias Blamont PARIS, April 29 (Reuters) - French carmaker Renault is sticking to its 4.5 percent operating margin target for 2008, despite a weaker dollar and pound and above-forecast price rises for raw materials, chief executive Carlos Ghosn said on Tuesday. "We have to deal with head winds -- the currency impact is negative for the company and the costs of raw materials has risen faster than we had foreseen," Ghosn told the annual general ...

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