Business

Renault Targets; Peugeot Dongfeng Deal

It's been a rocky road for French carmakers. They're hoping a smoother one might be ahead. Renault is promising positive cash-flow this year. And there's talk that Peugeot has secured a deal for a massive cash injection. Though existing shareholders weren't too pleased: shares were down around five percent in early trade on the prospect of a dilution to their holdings.

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