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PARIS (Reuters) -- Renault will book a one-off loss of about 9.5 billion euros ($11 billion) on its stake in Nissan Motor, the French carmaker said on Tuesday, writing down its years-long investment ...
Renault SA will recognize an estimated €9.5 billion ($11.2 billion) non-cash loss after changing the way it accounts for its stake in ailing Japanese carmaker Nissan Motor Co.
Move further weakens decades-old alliance between the two firm. PARIS – Renault will book a one-off loss of about 9.5 billion ...
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