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Renault CEO says sees scope for sector consolidation

Posted : Sat, 05 Jul 2008 14:14:01 GMT
Author : Reuters
Category : US (Business)
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AIX-EN-PROVENCE, France (Reuters) - The head of French carmaker Renault reiterated on Saturday that there was scope for consolidation within the global automotive sector.

"Something will have to happen," Renault Chief Executive Carlos Ghosn told delegates at a business conference in this southern French city.

(Reporting by Sudip Kar-Gupta, Editing by Peter Blackburn)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.



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