Renault Sees Dim Outlook for Diesel Cars
Renault (RENA.PA) expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal. The sober reassessment was delivered at an internal meeting before the summer break. It shows how, a year after VW (VOWG_p.DE) admitted engineering software to cheat U.S.
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