Renault cannot afford discount race with Tesla, Chinese peers, executive says

(EPA: ) cannot afford to enter a discount race with Tesla (NASDAQ: ) or Chinese rivals, the French carmaker's head of engineering told journalists at the IAA (NYSE: ) Munich car show. "The good strategy is to maintain prices and to adjust fixed costs," Gilles Le Borgne said. Renault's high…#epa #tesla #iaa #gillesleborgne #renault #ubs
Source: Reuters: Health - Category: Consumer Health News Source Type: news