Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Renault
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Privatisation and the alliance era (1996–2019)=== It was eventually decided that the company's state-owned status was a detriment. By 1994, plans to sell shares to public investors were officially announced.<ref name=R1985/> The company was [[privatization|privatised]] in 1996.<ref name="IDCH"/> This new freedom allowed the company to venture once again into markets in Eastern Europe and South America, including a new factory in Brazil and upgrades for its infrastructure in Argentina and Turkey. In December 1996, [[General Motors Europe]] and Renault began to collaborate in the development of LCVs, starting with the second generation [[Renault Trafic|Trafic]] (codenamed X83).<ref>{{cite journal |year=2002 |url=http://hal.archives-ouvertes.fr/docs/00/26/25/28/PDF/2004-05-12-372.pdf |last1=Midler |first1=C. |last2=Neffa |first2=P. |last3=Monnet |first3=J-C |title=Globalizing the firm through co-operative projects: The Case of Renault |volume=2 |issue=1 |journal=International Journal of Automotive Technology and Management |page=24 |doi=10.1504/IJATM.2002.000055 |issn=1741-5012}}</ref> [[File:Renault - Interview de Carlos Ghosn - Mondial de l'Automobile de Paris 2012 - 001.jpg|thumb|270x270px|[[Carlos Ghosn]] led Renault's cost cutting effort in 1998–2000.]] Renault's financial problems were not all fixed by the privatisation, and Renault's president, [[Louis Schweitzer (businessman)|Louis Schweitzer]] gave to his then deputy, [[Carlos Ghosn]], the task of confronting them. Ghosn elaborated a plan to cut costs for the period 1998–2000, reducing the workforce, revising production processes, standardising vehicle parts and pushing the launch of new models. The company also undertook organisational changes, introducing a [[Lean manufacturing|lean production system]] with delegate responsibilities inspired by Japanese systems (the "Renault Production Way"), reforming work methods, and centralising [[research and development]] at its Technocentre to reduce vehicle conception costs while accelerating such conception.<ref name=R1985/> After Volvo's exit, Renault searched for a new partner to cope with an industry that was consolidating. Talks with [[BMW]], [[Mitsubishi]], [[Nissan]], PSA and others were held and yielded a relationship with Nissan, whose negotiations with Daimler had stalled.<ref>{{cite book |last1=Kase |first1=Kimio |last2=Sáez-Martinez |first2=Francisco J. |last3=Riquelme |first3=Hernán |title=Transformational CEOs: Leadership and Management Success in Japan |chapter=Case Studies |year=2005 |publisher=Edward Elgar Publishing |isbn=1-84542-046-2 |pages=123–124}}</ref> Starting on 27 March 1999, the Renault–Nissan Alliance is the first of its kind involving a Japanese and a French company, including [[Cross ownership|cross-ownership]]. Renault initially acquired a 36.8% stake at a cost of £2.7 billion in Nissan, while Nissan, in turn, took a 15% [[Non-voting stock|non-voting stake]] in Renault.<ref>Renault move looks good for UD Australia ''Truck & Bus Transportation'' May 1999 page 15</ref> Renault continued to operate as a stand-alone company, but with the intent to collaborate with its alliance partner to reduce costs. The same year, Renault bought a 51% majority stake of the Romanian company [[Automobile Dacia|Dacia]] for £408.5 million,<ref name=DEVELOPING>{{cite book |last1=Grünig |first1=Rudolf |last2=Morschett |first2=Dirk |title=Developing International Strategies: Going and Being International for Medium-sized Companies |url= https://archive.org/details/developingintern00grni |url-access=limited |chapter=Strategies for Being International |year=2011 |publisher=Springer |isbn=978-3-642-24724-8 |page= [https://archive.org/details/developingintern00grni/page/n332 308]}}</ref> thus returning after 30 years, in which time the Romanians had built over 2 million cars that primarily consisted of local versions of the Renault 8, 12 and 20. In 2000, Renault acquired a [[Controlling interest|controlling stake]] of the newly formed South Korean [[Samsung Group]]'s automotive division for £59.5 million.<ref>{{cite news |url=https://money.cnn.com/2000/04/21/worldbiz/renault/ |title=Renault buys Samsung unit |publisher=CNN |date=1 April 2000 |access-date=24 February 2014}}</ref> In Japan, Renault was formerly licensed by [[Yanase (car dealership)|Yanase Co]], Japan's premier seller of imported cars. However, as a result of Renault's purchase of an interest in Nissan in 1999, Yanase cancelled its licensing contract with Renault in the spring of 2000, and Nissan took over as the sole licensee, hence sales of Renault vehicles in Japan were transferred from ''Yanase Store'' locations to ''[[Nissan#Japan|Nissan Red Stage Store]]'' locations. In the late 1990s and early 2000s, Renault sold various assets to finance its inversions and acquisitions,<ref name=SELLOFF>{{cite web |url= http://www.autonews.com/article/20030324/SUB/303240849/agriculture-deal-marks-end-of-renault-sell-offs |title=Agriculture deal marks end of Renault sell-offs | last = de Saint-Seine | first = Sylviane |website=autonews.com |date=24 March 2003 |access-date=7 August 2014}}</ref> refocusing itself as a car and van manufacturer. In 1999, the company sold its [[industrial automation]] subsidiary, Renault Automation, to [[Comau]] and its engine parts division to TWR Engine Components.<ref name=SELLOFF/> In 2001, Renault sold its 50% stake in bus/coach manufacturer [[Iveco Bus|Irisbus]] to co-owner [[Iveco]] and its [[logistics]] subsidiary, CAT France, to Global Automotive Logistics.<ref name=SELLOFF/> Following the sale of Renault {{sic|hide=y|Véhicules}} Industriels to Volvo in 2001, the company retained a minority (but controlling) stake (20%) in the Volvo Group. In 2010 Renault reduced its shareholding to 6.5% and in December 2012 sold its remaining shares.<ref>{{cite news |url=http://uk.reuters.com/article/uk-renault-volvo-idUKBRE8BB1I020121212 |archive-url=https://web.archive.org/web/20160304082956/http://uk.reuters.com/article/uk-renault-volvo-idUKBRE8BB1I020121212 |url-status=dead |archive-date=4 March 2016 |title=Renault sells remaining Volvo stake |work=Reuters |date=12 December 2012 |access-date=16 April 2013}}</ref> In 2004, Renault sold a 51% majority stake in its agricultural machinery division, Renault Agriculture, to CLAAS. In 2006, CLAAS increased its ownership to 80% and in 2008 took full control.<ref>{{cite web |url=http://www.fwi.co.uk/articles/01/07/2008/111018/renaults-le-mans-tractor-plant-falls-under-100-claas.htm |title=Renault's Le Mans tractor plant falls under 100% Claas control | last =Fone | first = Nick |work=fwi.co.uk |date=1 July 2008 |access-date=20 April 2013 |archive-url=https://web.archive.org/web/20131203014440/http://www.fwi.co.uk/articles/01/07/2008/111018/renaults-le-mans-tractor-plant-falls-under-100-claas.htm |archive-date=3 December 2013 |url-status=dead}}</ref> [[File:Renault Avantime registered February 2003 1998cc.JPG|thumb|The [[Renault Avantime]] three-door MPV showcases Renault's distinctive design in early 2000s.]] In the twenty-first century, Renault developed a reputation for distinctive, outlandish design. The second generation of the [[Renault Laguna|Laguna]] and [[Renault Mégane|Mégane]] featured ambitious, angular designs that turned out to be successful, The 2000 Laguna was the second European car to feature [[Keyless entry|"keyless" entry]] and [[Keyless ignition|ignition]].<ref>{{cite web |url=http://europe.autonews.com/article/20001120/ANE/11200847/renault-stressed-innovations-on-new-laguna|title=Renault stressed innovations on new Laguna| last = Chew | first = Edmund|publisher=Automotive News Europe |date=20 November 2000 |access-date=28 April 2015}}</ref> Less successful were the company's more upmarket models. The [[Renault Avantime|Avantime]], a unique [[coupé]] [[multi-purpose vehicle]], sold poorly and was quickly discontinued while the luxury [[Renault Vel Satis|Vel Satis]] model also disappointed. However, the design inspired the lines of the second-generation Mégane, the maker's most successful car. As well as its distinctive styling, Renault was to become known for its car safety by the independent company Euro NCAP<ref name="Renault-safety-leader-NCAP">{{cite web|url= http://ec.europa.eu/transport/road_safety/specialist/knowledge/safetyratings/changing_design_upgrading_standards_and_reducing_casualties/in_car_safety_en.htm |title=In June 2001, a further milestone was reached when the Renault Laguna became the first car to be awarded 5 stars for occupant protection |publisher=Euro NCAP |access-date=2014-12-22}}</ref> Thus, in 2001, the Laguna achieved a five-star rating,<ref name="Renault-safety-leader-NCAP"/> followed in 2004 by the [[Renault Modus|Modus]],<ref>{{cite web|url=http://www.euroncap.com/en/results/renault/modus/15649|title=Euro NCAP test results for Renault Modus|year=2004|access-date= 28 April 2015}}</ref> and acquired control of [[AvtoVAZ]] in 2008.<ref>{{cite news|title=Renault buys stake in Lada owner |url= http://news.bbc.co.uk/2/hi/business/7135125.stm |access-date=5 July 2017 |work=BBC News |url-status = live |archive-url= https://web.archive.org/web/20160406001437/http://news.bbc.co.uk/2/hi/business/7135125.stm |archive-date=6 April 2016 }}</ref> In April 2010, Renault–Nissan announced an alliance with Daimler. Renault supplied Mercedes-Benz with its brand new 1.6-litre [[Turbo-diesel|turbo-diesel engine]] and Mercedes-Benz provided a 2.0 litre four-cylinder petrol engine to Renault–Nissan.<ref>{{cite web |url=http://www.iol.co.za/motoring/industry-news/mercedes-and-renault-to-share-engines-1.999433 |title=Mercedes and Renault to share engines |work=Independent Online|location=South Africa |date=9 December 2010 |access-date=10 April 2011}}</ref> The resulting new alliance was to develop a replacement for the [[Smart (automobile)|Smart]] based on the Twingo.<ref>{{cite news |last=Taylor |first=Alex |url=https://money.cnn.com/2010/12/23/autos/nissan_carlos_ghosn.fortune/?section=magazines_fortune |title=Carlos Ghosn: Around the world for Renault Nissan |publisher=CNNMoney |date=23 December 2010 |access-date=10 April 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110514174442/http://money.cnn.com/2010/12/23/autos/nissan_carlos_ghosn.fortune/?section=magazines_fortune |archive-date=14 May 2011}}</ref> In February 2010, Renault opened a new production factory near [[Tangier]], Morocco, with an annual output capacity of 170,000 vehicles.<ref>{{cite web|title=Renault begins Lodgy production in Morocco, targets Europe|url=http://europe.autonews.com/article/20120210/ANE/120219997/renault-begins-lodgy-production-in-morocco-targets-europe|work=Automotive News Europe|date=10 February 2012 |access-date=8 April 2014|format=10 February 2010}}</ref> Initially, it manufactured the [[Dacia Lodgy]] and [[Dacia Dokker]] models followed in October 2013<ref>{{cite web|title=Noile Dacia Logan, Sandero ?i Sandero Stepway|url=http://www.daciagroup.com/presa/comunicate-de-presa/2012/noile-dacia-logan-sandero-si-sandero-stepway|publisher=Dacia Group|access-date=12 January 2013|language=ro|date=27 September 2012}}</ref> by the second generation [[Dacia Sandero]]. The output capacity increased to 340,000 vehicles per year with the inauguration of a second production line.<ref>{{cite web|title=Inauguration of second production line at Renault-Nissan Tangier plant|url=http://www.media.renault.com/global/en-gb/renaultgroup/Media/PressRelease.aspx?mediaid=51354|publisher=Renault|access-date=8 April 2014|date=8 October 2013|quote=The new line will increase the site's output capacity to 340,000 vehicles a year, starting in 2014. It required an investment of €400 million and will produce Dacia Sandero and Dacia Sandero Stepway, two leading models in the Dacia range.|archive-date=8 April 2014|archive-url=https://web.archive.org/web/20140408221136/http://www.media.renault.com/global/en-gb/renaultgroup/Media/PressRelease.aspx?mediaid=51354|url-status=dead}}</ref> The site is located in a dedicated [[free trade area]], neighboring Tanger Automotive City.<ref>{{cite web|url=http://www.tangerfreezone.com/fr/tanger-automotive-city|title=Tanger Automotive City – GPI – Grande Plateforme Industrielle|work=tangerfreezone.com|url-status=dead|archive-url=https://web.archive.org/web/20140413154800/http://www.tangerfreezone.com/fr/tanger-automotive-city|archive-date=13 April 2014}}</ref> According to Renault, the new factory emits zero carbon and industrial liquid discharges.<ref>{{cite web|title=Tangier plant: setting new standards|url=http://www.renault.com/en/capeco2/laisser-moins-de-traces/pages/usine-tanger-site-industriel-pilote.aspx|work=Renault.com|access-date=12 January 2013}}</ref> Over 100,000 vehicles were produced there in 2013. Renault expects to eventually increase production at the Tangier plant to 400,000 vehicles per year.<ref>{{cite web|title=Renault Shifts Production to North Africa|url=http://groundreport.com/renault-shifts-production-to-north-africa/|work=Groundreport.com|date=12 February 2014 |access-date=10 March 2014}}</ref> In the 2010s, Renault increased its efforts to gain market share in the Chinese market. In 2013, it formed a joint venture with [[Dongfeng Motor Group]] named as [[Dongfeng Renault]], based on a failed previous venture with the Chinese company Sanjiang.<ref name=CHADAY>{{cite web | url=http://www.chinadaily.com.cn/bizchina/2013-01/07/content_16090253.htm |title=After eight years of talks, a Renault-Dongfeng agreement | last = Han | first = Tianyang |work=China Daily | date=7 January 2013 | access-date=8 January 2015}}</ref> In December 2017, it signed an agreement with [[Brilliance Auto]] to create a new joint venture (Renault Brilliance Jinbei) aimed at producing light commercial vehicles and minivans under the Renault, [[Jinbei (marque)|Jinbei]] and [[Jinbei (marque)|Huasong]] marques.<ref name="Wards">{{cite web|url=https://www.wardsauto.com/industry/france-s-renault-china-s-brilliance-form-lcv-jv |last=Harman |first=Alan |title=France's Renault, China's Brilliance Form LCV JV |work=Ward's |date=21 December 2017 |access-date=1 August 2018}}</ref> In December 2018, Renault announced it would acquire a "significant" stake in [[JMCG]]'s electric vehicle subsidiary [[JMEV]].<ref>{{cite web|url=http://autonews.gasgoo.com/china_news/70015497.html |title=Groupe Renault and JMCG announce EV cooperation in China |work=Automotive News Gasgoo |date=20 December 2018 |access-date=19 January 2019}}</ref> In July 2019, Renault took a 50% majority stake from JMEV through capital increase.<ref name=nbd2>{{cite web|title=雷诺向江铃集团增资10亿元 控股江铃新能源 |url=https://m.nbd.com.cn/articles/2019-07-17/1354863.html |trans-title=Renault increased capital {{yuan|1 billion}} to take control of JMCG's JMEV |language=zh |work=National Business Daily |last=Zhang |first=Bei |editor-last=Duan |editor-first=Siyao |access-date=17 July 2019 |date=17 July 2019}}</ref> In April 2020, Renault announced it planned to withdraw from the Dongfeng Renault venture, transferring its stake to Dongfeng.<ref>{{cite press release |url=https://en.media.groupe.renault.com/news/groupe-renault-sets-its-new-strategy-for-china-2cc6-989c5.html |title=Groupe Renault Sets Its New Strategy for China |publisher=Renault |date=14 April 2020 |access-date=15 April 2020}}</ref> In December 2012, the Algeria's National Investment Fund (FNI), the [[SNVI|Société Nationale de Véhicules Industriels]] (SNVI), and Renault signed an agreement to establish a factory near the city of [[Oran]], Algeria, with the aim of manufacturing Symbol units from 2014 onwards. The production output was estimated at 25,000 vehicles. The Algerian State has a 51% stake in the facility.<ref>{{cite news |url= https://www.nytimes.com/2012/12/19/business/global/renault-to-build-auto-assembly-plant-in-algeria.html |title=Renault to Build Assembly Plant in Algeria |last=Jolly |first=David |newspaper= The New York Times |date=18 December 2012 |access-date=20 February 2013}}</ref><ref>{{cite web |url=http://www.just-auto.com/news/renault-exclusivity-deal-will-produce-symbol-model-from-2014_id130079.aspx |title=Renault exclusivity deal will produce Symbol model from 2014 |last=Warburton |first=Simon |website=Just-auto.com |date=20 December 2012 |access-date=20 February 2013 |archive-date=12 March 2013 |archive-url=https://web.archive.org/web/20130312103742/http://www.just-auto.com/news/renault-exclusivity-deal-will-produce-symbol-model-from-2014_id130079.aspx |url-status=dead }}</ref> In September 2013, Renault launched its brand in Indonesia, the world's fourth most populous country, with the aim of becoming one of the top European brands there until 2016. The model range at the time of the launch consisted of the [[Dacia Duster|Duster]] (locally assembled), the [[Renault Koleos|Koleos]] and the [[Mégane Renault Sport|Mégane RS]].<ref>{{cite press release |url= http://media.renault.com/global/en-gb/renaultgroup/media/pressrelease.aspx?mediaid=50783 |title=Renault launches product range for Indonesia at 2013 Jakarta Motor Show |archive-date=25 July 2014 |archive-url= https://web.archive.org/web/20140725023630/http://media.renault.com/global/en-gb/renaultgroup/Media/PressRelease.aspx?mediaid=50783 |url-status=dead |access-date=12 July 2022}}</ref> Later, the [[Renault Clio|Clio]] and the [[Renault Captur|Captur]] were also added.<ref>{{cite web|url= https://www.renault.co.id/range.html |title=Product range |website=renault.co.id}}</ref> In April 2015, the [[Agence des participations de l'État|French government]] upped their stake in Renault from 15% to 19.73% with the aim of blocking a resolution at the next annual general meeting that could reduce its control over the company.<ref>{{cite press release | work=Reuters| date=8 April 2015| title=France raises Renault stake to ensure long-term control | url= https://www.reuters.com/article/us-renault-sa-france-idUSKBN0MZ0BO20150408}}</ref> In 2017, the government sold back shares and returned to a 15% stake as agreed with Renault.<ref>{{cite web |url=https://www.bloomberg.com/news/articles/2017-11-02/france-cuts-stake-in-renault-to-15-in-1-4-billion-share-sale |title=French Government Eases Grip on Renault With $1.4 Billion Sale | last=Nussbaum |first=Ania |publisher=Bloomberg |date=2 November 2017 |access-date=24 March 2018}}</ref> During 2016, Renault changed position on the viability of small ([[B-segment]]) diesel cars in Europe, as they become significantly more expensive when re-engineered to comply with [[Euro6|new emissions regulations]] as a result of the [[Volkswagen emissions scandal]]. Renault believes that all small and some mid-size ([[C-segment]]) will no longer be diesels by 2020.<ref>{{cite web|url= https://www.reuters.com/article/us-renault-diesel-exclusive-idUSKCN11C1MF?il=0 |archive-url= https://web.archive.org/web/20160918074237/https://www.reuters.com/article/us-renault-diesel-exclusive-idUSKCN11C1MF?il=0 |title=Exclusive: Renault sees diesel disappearing from most of its European cars|date=6 September 2016|archive-date=18 September 2016|work=Reuters|access-date=18 September 2016|url-status=live|quote=Renault (RENA.PA) expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal.}} </ref> However, on Friday, 13 January 2017, Renault shares fell as the [[judiciary of France|Paris prosecutor]] started an investigation into possible exhaust emissions cheating.<ref>{{cite news|title=Renault emissions being investigated by Paris prosecutors: source|url=https://www.reuters.com/article/us-renault-probe-idUSKBN14X13C?il=0|access-date=13 January 2017|work=Reuters|date=13 January 2017}}</ref><ref>{{cite news|title=Renault-Nissan-Mitsubishi bets on spike in electric cars|url=https://phys.org/news/2017-09-renault-nissan-electric-vehicles.html|access-date=15 September 2017|work=Phys.org |date=15 September 2017}}</ref> The company later recalled 15,000 cars for [[Emissions testing|emission testing]] and fixing.<ref>{{cite news |url=https://www.theverge.com/2016/1/19/10789162/renault-recall-15000-cars-emissions-probe-vw |title=Renault to recall 15,000 vehicles for emissions tests in wake of VW scandal |first=Amar |last=Toor |work=The Verge |date=19 January 2016 |access-date=20 January 2016}}</ref><ref>{{cite news |title=Renault to modify 15,000 new cars in emission scare |url=https://www.bbc.com/news/business-35350474 |work=BBC News |location=UK |date=19 January 2016 |access-date=21 January 2016}}</ref><ref>{{cite news |url=https://www.bbc.com/news/business-36106783 |title=Renault to modify 15,000 new cars in emission scare |publisher=BBC |location=UK |date=19 January 2016 |access-date=22 April 2016}}</ref> Renault, along with several other automobile companies, has been accused of manipulating the measurement equipment for {{NOx}} pollution from diesel cars. Independent tests carried out by the German car club [[ADAC]] proved that, under normal driving conditions, diesel vehicles, including the [[Renault Espace]], exceeded legal [[European emission limits]] for nitrogen oxide ({{NOx}}) by more than 10 times.<ref name=adac2015>[http://theicct.org/sites/default/files/publications/ICCT_NOx-control-tech_revised%2009152015.pdf NOX control technologies for Euro 6 Diesel passenger cars, Market penetration and experimental performance assessment], Liuhanzi Yang, Vicente Franco, Alex Campestrini, John German, and Peter Mock. ICCT in collaboration with ADAC, 3 September 2015.</ref><ref name="independent.co.uk_2015-10-01">{{Citation | url= https://www.independent.co.uk/news/business/news/volkswagen-emissions-scandal-more-carmakers-implicated-as-tests-reveal-pollution-levels-of-popular-a6674386.html| title=Volkswagen emissions scandal: More carmakers implicated as tests reveal pollution levels of popular diesels | newspaper=The Independent | access-date=1 October 2015}}</ref><ref name="theguardian.com_2015-10-01">{{cite news |url= https://www.theguardian.com/environment/2015/sep/30/wide-range-of-cars-emit-more-pollution-in-real-driving-conditions-tests-show |title=Wide range of cars emit more pollution in realistic driving tests, data shows |newspaper=The Guardian |date=30 September 2015| access-date=1 October 2015}}</ref> Renault denied any foul play, stating compliance with French and European standards.<ref>{{cite news|last1=Kostov |first1=Nick |title=Renault shares fall as emissions fraud probe opens |url= http://www.marketwatch.com/story/renault-shares-fall-as-emissions-fraud-probe-opens-2017-01-13 |access-date=13 January 2017 |work=MarketWatch}}</ref> In November 2018, Renault's CEO Ghosn was arrested by Japanese officials for allegedly underreporting his Nissan's salary, following an internal review conducted by the Japanese company. Renault traded shares fell more than 15% after the arrest was known.<ref>{{cite web |title=Ghosn arrested in misconduct probe|url=http://europe.autonews.com/article/20181119/ANE/181119737/1620|access-date=19 November 2018|date=19 November 2018|work=Automotive News Europe}}</ref> After Ghosn's arrest, the [[chief operating officer]] and company deputy chief [[Thierry Bolloré]] became the acting CEO and the board director Philippe Lagayette the acting chairman.<ref>{{cite web |url=http://www.lefigaro.fr/conjoncture/2018/11/20/20002-20181120ARTFIG00109-carlos-ghosn-n-est-plus-en-etat-de-diriger-renault-declare-le-maire.php|title=Arrestation de Carlos Ghosn : le tandem Lagayette-Bolloré nommé à la tête de Renault |trans-title=Ghosn arrest: the duo Lagayette-Bolloré appointed to lead Renault |language=fr |work=Le Figaro |last=Garcin |first=Wladimir |date=20 November 2018 |access-date=18 January 2019}}</ref> In January 2019, following Ghosn's resignation, Renault announced it had appointed [[Jean-Dominique Senard]] as chairman and the acting CEO Bolloré as CEO.<ref>{{cite press release|title=Board of Directors communication|url=https://media.group.renault.com/global/en-gb/groupe-renault/media/pressreleases/21221350/communique-du-conseil-dadministration5|access-date=24 January 2019|date=24 January 2019|publisher=Renault|archive-date=24 January 2019|archive-url=https://web.archive.org/web/20190124203903/https://media.group.renault.com/global/en-gb/groupe-renault/media/pressreleases/21221350/communique-du-conseil-dadministration5|url-status=dead}}</ref> In October 2019, Bolloré was fired and replaced by Renault's [[chief financial officer|CFO]] [[Clotilde Delbos]] as acting CEO. Bolloré said his dismissal was a "coup" by Senard.<ref>{{cite web |title=Renault ousts chief executive Thierry Bolloré in 'coup' |first=Theo|last=Leggett|url=https://www.bbc.com/news/business-50016532|access-date=30 October 2019|date=11 October 2019|publisher=BBC}}</ref> In January 2020, Renault announced it had named Italian [[Luca de Meo]] as its new CEO, with him taking his post on 1 July. Delbos was named as his deputy.<ref>{{cite web |title=Renault chooses VW's Luca De Meo as new CEO |url=https://www.france24.com/en/20200128-renault-chooses-vw-s-luca-de-meo-as-new-ceo|access-date=16 January 2021|date=29 January 2020|work=France 24}}</ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Renault
(section)
Add topic