Renault sets lower profit goal in crunch reboot year
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PARIS (Reuters) - French carmaker Renault on Friday posted its first profit loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partner Nissan after a scandal surrounding former boss Carlos Ghosn. The company is trying to move past internal turmoil with a management shake-up, but it is also grappling like some peers, including Japan's Nissan, with tumbling auto demand in some key markets like China.Renault made an annual profit loss of..