Analysts look for big changes at Renault

Carlos Ghosn (right) isn’t expected to announce his strategy for Renault until February 9, but industry analysts are already doing some crystal ball-gazing to predict possible changes at the struggling French automaker.

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Carlos
Ghosn (right) isn’t expected to announce his strategy for Renault until February 9, but industry analysts are
already doing some crystal ball-gazing to predict possible changes at the struggling French automaker.

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.