Renault intends to go upmarket as new CEO Luca de Meo shakes things up

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France’s Renault said on Thursday it was moving to a new organisational set-up focused on core brands rather than geographies, in the first move by new Chief Executive Luca de Meo to shake up the loss-making carmaker. Renault, which took aid in the form of a state-backed loan from the French government this year, is trying to recover from the coronavirus pandemic while also patching up a strained relationship with Japanese partner Nissan . De Meo, who used to run competitor’s

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Renault intends to go upmarket as new CEO Luca de Meo shakes things up originally appeared on Autoblog on Thu, 3 Sep 2020 19:11:00 EDT. Please see our terms for use of feeds.

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