Renault sees Brazil car market growing 10 pct in 2008 vs 30 pct in 2007

PARIS (Thomson Financial) - Growth in Brazil s car market will slow to 10 pct this year from 30 pct in 2007, Renault s top manager for the country, Jerome Stoll, said in an interview with the daily Le Parisien.He said last year s growth was spurred in part by favourable economic conditions in Brazil, including a good trade balance, lower interest rates and more consumer loans.Stoll also said the car market in Argentina, which has been gaining strongly, may be less stable this year. tfn.paris@thomson.com mjs/hjp COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. MMMM