Renault Chairman Jean-Dominique Senard waves upon arrival at Haneda international airport in Tokyo Thursday, Feb. 14, 2019. Renault said its net profit was down too, to 3.45 billion euros, compared to 5.3 billion euros the previous year. Renault justified the loss in net income by “a decline from Nissan’s contribution.” Renault has a 43.4-percent stake in the Japanese firm. Ghosn, the face and driving force for the alliance among Renault, Nissan and Mitsubishi, has been detained in Tokyo since November. ___This story has been corrected to show that revenue and net profit figures are in billions, not millions.
Source: Washington Post February 14, 2019 07:14 UTC