Analysts look for big changes at Renault
A Reuters survey of analysts came up with a consensus estimate of $1.2 billion in cost reductions, and staff cuts of up to 10 percent. One-time costs and charges as part of restructuring, plus an absence of new models is expected to make 2006 a difficult year, regardless of the details of Ghosn’s strategy.
Analysts suggest that Ghosn’s strategy may include selling its interests in non-core businesses, such as Volvo’s truck operation.
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