On Thursday, its 44-percent owned subsidiary Nissan (7201.T)- which is not included in Renault group sales data - said itwas cutting 1,200 jobs at its Sunderland plant in northeastEngland in response to the dramatic decline in demand.ID:nL8654643Renault said it expected the auto industry to remain incrisis in 2009 but it had three assets to boost its market share a range of new models, the Renault Eco brand eligible for taxbreaks for emissions-friendlier vehicles, and a price range wellsuited to the current economic conditions. Head of sales Patrick Blain told a news conference thatthere were already some positive returns from a new Frenchscheme to subsidise the scrapping of old cars, and that heexpected further state credit support for the industry. There was no immediate response from the company tickets for Green Bay Packers to commentsfrom an unnamed government source quoted in daily Les Echos assaying that Renault required 2.5 billion euros ($3.42 billion)of funding. The government and carmakers are due to hold a summitmeeting on Jan 20. MARKET SHARE STILL Pittsburgh Steelers ticket BELOW 2006 Total Renault sales in 2008 were 2.38 million cars and lightcommercial vehicles, against Pittsburgh Steelers 2.48 million in 2007. The group'smarket share, while stable against 2007, eased slightly from the3.7 percent registered in 2006.
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Vehicle sales will be boosted when Renault consolidates thesales of Lada and other cars made by AvtoVAZ (AVAZ.MM) inRussia, in which it took a blocking minority stake last year. Car sales fell across Europe Journey in 2008, dipping 1.8 percent inGermany, 28 percent in Spain and 13.4 percent in Italy.ID:nL2373947 Green Bay Packers tickets In France the decline was limited to 0.7 percent as a taxincentive on purchases of cleaner cars boosted sales of smallervehicles where Renault and bigger local rival PSA PeugeotCitroen (PEUP.PA) have a strong position. (Writing by Marcel Michelson; editing by John Stonestreet) Stocks Russia. (Adds analyst quotes) Green Bay Packers Stocks Mergers & Acquisitions Private Capital China By Joseph Chaney and Michael Flaherty HONG KONG, Jan 9 (Reuters) - A Chinese company and privateequity firms are among the groups expected to submit final bidsfor Rio Tinto's borates and talc units, according to sourcesclose to the matter, in a deal potentially Green Bay Packers ticket worth over $1billion. Final offers for Rio Tinto's (RIO.AX) (RIO.L) borates andtalc units, which the mining giant is selling to help pay downnearly $40 billion in debt, are due within a week, according Journey ticket tothe sources. The world's No.2 miner which Pittsburgh Steelers tickets is axing 14,000 jobs andcutting capital spending by more than half is seeking buyersfor a host of core and non-core assets after bigger rival BHPBilliton (BHP.AX) (BLT.L) ended its $66 billion hostiletakeover bid in November. "What I've heard is that final bids are imminent, perhapsby the end of next week," said one source familiar with theprocess.
The sources did not disclose the names of the Chinesebidder or the private equity parties. The sources also did notwant to be named because the auction is at a sensitive stage. A sale of the units is expected by analysts to fetch around$1.2 tickets for Journey billion with borates the far more valuable unit ataround $1 billion, analysts say. One analyst told Reuters in November that French industrialminerals group Journey tickets Imerys (IMTP.PA) could bid for the units.British newspaper The Independent reported in November thatCanada's Teck Cominco (TCKb.TO) and buyout firms First Reserve,Apollo Global Management, and CVC Capital are among otherpotential bidders.
While a successful auction would be a boost to Rio, itwould put just a small dent its massive debt load. Investmentbank Dresdner Kleinwort is running the sale process As in any auction, bidders can emerge, team up, or dropout. Analysts at several banks say aluminium giant Chinalco islikely to be among Chinese bidders for Rio's assets. tickets for Pittsburgh Steelers Thecompany, the parent of Chalco (601600.SS) (2600.HK), alreadyowns part of Rio and has said it plans to lift its stake to14.99 percent.