UPDATE 3-Renault sales dip as market gloom bites

Newswire

(Adds analyst paragraph 13, exchange rate impact paragraph 10) By Rebecca Harrison PARIS, April 25 (Reuters) - A clutch of funky new models at France's Renault failed to offset slack European demand as first-quarter sales at the carmaker slid 2.9 percent. But the sales drop announced on Friday was less than feared, shielding the carmaker's stock from sector blues. Renault also cheered investors on Friday with news its Japanese partner Nissan would contribute around 750 million euros ...

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