Renault boss: Geordies are not from Mars shock

Jay Nagley

As well as 8,000 job cuts at Peugeot, which we covered yesterday, Renault is facing big problems.

Sales in Europe dropped by 14.9% in the last six months, partially offset by a 14.3% rise outside Europe – but it sells fewer cars outside Europe, so the latter does not compensate for the former.