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Renault — Earnings Release 2009
Dec 17, 2009
1625_rns_2009-12-17_ab168767-ee45-4ac0-a3ed-0d8f40cfa99e.pdf
Earnings Release
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PRESS RELEASE
December, 17th 2009
Quotations from Patrick Pélata on December 17, 2009.
Boulogne-Billancourt – December 17, 2009. Patrick Pélata COO of Renault declared this morning during a press meeting in Paris that, for the Group, "2009 revenues should decrease by around 17 or 18%". This comparison refers to 2007.
Fixed costs should decrease by 18%, including investments by 24% and R&D by 20%, versus 2007.
« In 2010 the European market should decrease by 8 to 10% versus 2009 ».
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