Renault has decided to delay work on proposed new top-of-the-range models because of the weak market and a desire to rationalize costs, La Tribune reported, citing an industry source.
Having already rescheduled the new Espace, the company is preparing to delay the successor to the Vel Satis and is completely reviewing its plans for the top-of-the-range market, the business daily said.
Renault is also cautious because of a disappointing sales performance by the Laguna III, the newspaper said
