Automakers

Renault to sell dealerships to prepare for online sales

(� Regis Duvignau / Reuters/REUTERS)
February 28, 2020 01:55 PM

PARIS — Renault plans to sell some of its company-owned dealerships in France, as the automaker embarks on a comprehensive cost-cutting program to reduce expenses by a total of 2 billion euros in the next three years.

Staying current is easy with newsletters delivered straight to your inbox.