Renault to discontinue iconic models as carmaker cuts costs - sources

PARIS (Reuters) - Renault is preparing to substantially trim down its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said. The company, shaken by the downfall of its once star CEO Carlos Ghosn and by setbacks on its main markets, is set to detail at the end of the month how it aims to cut costs by two billion euros (1.77 billion pounds)over the next three..