Renault may cut sub-contractors to save up to 200 million euros - sources
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PARIS (Reuters) - Renault is considering cutting the number of sub-contractors it uses to develop car models in its engineering division potentially saving the carmaker between 100 million to 200 million euros(87.37 million to 174.74 million pounds), two sources close to the company said. Renault was already struggling before the coronavirus crisis hit sales and brought production to a halt. In February, the group reported its first loss in 10 years on faltering demand and lower income from its..