UPDATE 3-Lagardere, Renault give up on Avantime car

Newswire

(Recasts, adds Renault comments, details) By Rebecca Harrison PARIS, Feb 26 (Reuters) - France's Lagardere said on Wednesday it was halting production of Renault's Avantime car, ending decades of involvement in the car business and torpedoing Renault's boldly designed luxury car. The decision by Lagardere, whose Matra Automobile unit assembled the Avantime for Renault, ends the media firm's automobile business after decades in which it sold sporty cars to French consumers and captured ...

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