
TOKYO -- It has only been a few months since the carmakers that form the Renault-Nissan-Mitsubishi alliance announced some of the most dire annual results in their history -- but anyone who thought that marked the end of their trials has been roundly disabused of the notion.
Renault announced Thursday that it posted a record net loss of 7.3 billion euros ($8.6 billion) for the January to June period, 65% of which was due to Nissan Motor's loss -- the French company has a 43% stake in the Japanese automaker.