Global Renault boss quits for role at Gucci
Renault Group CEO Luca De Meo, who has been credited with putting the French automaker back on its feet, has quit after five years in the top job, with a successor yet to be announced.
The automaker confirmed the news in an official statement after news reports from French news outlet Le Figaro leaked the Italian's departure from the company.
'Luca de Meo has announced his decision to step down and pursue new challenges outside the automotive sector,' the company said in a statement.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert
'The Board of Directors … expressed their gratitude to Luca de Meo for the turnaround and transformation of Renault Group and accepted that his departure would be effective from July 15, 2025. Luca de Meo will continue to perform his duties until that date.'
According to Le Figaro, Mr De Meo – who has worked in the automotive industry for decades in roles at both Fiat and the Volkswagen Group – will become the CEO of luxury brand Kering, owner of Gucci.
The move follows recent leadership changes at other automakers including Renault-owned Nissan, Volvo and Stellantis, which owns several brands including Renault rivals Citroen – which is no longer sold in Australia – and Peugeot.
The 58-year-old Italian became Renault Group CEO in 2020, overseeing the Dacia and Alpine sub-brands as well as the broader alliance with Japanese automakers Nissan and Mitsubishi. Supplied Credit: CarExpert
Dacia vehicles – which are cheaper than equivalent Renaults – are set to be offered in Australia by local Renault importer Ateco Automotive, although they will be badged as Renaults.
Meanwhile, Alpine will make a comeback to Australia after a brief absence with the Alpine A390 electric SUV in 2026.
Mr De Meo brought stability to Renault leadership after replacing Thierry Bollore, who was in the role only 12 months before being dismissed for reasons that weren't made public.
Mr Bollore had been outspoken about his predecessor Carlos Ghosn, who was infamously smuggled out of Japan after he was arrested and accused of misleading investors and misusing company assets for personal gain, before he escaped to Lebanon which has no extradition treaty with Japan. Supplied Credit: CarExpert
During his tenure, Mr De Meo strengthened Renault's portfolio and focussed on hybrid models, leaving the brand in a healthier position than when he took over the top job, and being praised by some as Renault's 'saviour'.
The admiration followed his moves to somewhat insulate the automaker from the threat of Chinese electric vehicles and significant US import tariffs.
While the Renault brand does not sell cars in the US, North America is a key market for its Mitsubishi and Nissan partners, with Nissan operating three factories in the US.
His move may also impact the Alpine brand that has Formula 1 and World Endurance Championship campaigns, which he was heavily engaged with. Supplied Credit: CarExpert
Renault is represented by the Sydney-based Ateco group in Australia, where the Renault Trafic and Master commercial vans are its best-sellers. The aged Koleos mid-size SUV is its most popular passenger vehicle year-to-date.
Mr De Meo's replacement is yet to be announced, following a resignation that seemingly caught the company off guard.
'The Board of Directors has expressed its confidence in the quality and experience of the management team to continue and accelerate Renault Group's transformation strategy into this new phase,' it said in a statement.
MORE: Everything Renault
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The car's strong bike focus has been done to celebrate the company's history. Skoda began life as a bicycle manufacturer in 1895 as Lauren & Klement, named after founders Václav Laurin and Václav Klement. Car making began a decade later, and the company was bought by Skoda, an arms manufacturer, in 1925. Both the interior and exterior are finished in red, gold and black trim that's inspired by the original L&K emblem. 3D printed L&K badges are used both inside and out in place of Skoda's fast-disappearing winged arrow logo. The Superb's plug-in hybrid drivetrain is left untouched, and makes a combined 150kW and 350Nm from its 1.5-litre turbocharged four-cylinder petrol engine and electric motor combo. The 25.7kWh battery pack has WLTP range rating of 100km. MORE: Everything Skoda Content originally sourced from: The Skoda L&K 130 ute concept is designed to be a support vehicle for a professional cycling team. It is the 10th annual concept designed by the company's academy school students, and honours the company's 130th anniversary. The students transformed from the Superb Combi wagon into a ute by shortening the roof and roof rails, modifying the B- and C-pillars, and reinforcing the body. Naturally, there's a new wall and windscreen behind the rear seats to separate the tray from the cabin. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. There's also a new tailgate that, at the push of a button, slides out via a rack-and-pinion system to extend cargo tray. When extended, the two bikes housed in the tray-mounted rack slide down from 35 degrees to nearly horizontal to make loading and unloading easier. Overall length, at 4901mm, is unchanged from the regular Superb wagon. Another bike can stored on the roof rack, while the right rear door has sprouted an extra door handle as it slides back, like on a people mover, rather swinging outwards on the standard wagon. To keep track of movements of the bike racing team there are tablet displays on the dashboard and ahead of the passenger's seat, and a permanent internet connection. A radio for communication with the team is installed at the front of transmission tunnel, and a speaker is placed near the rear air conditioning vents. The seat behind the driver has been removed and replaced by a chilled esky, and the roof lining contains storage nets for snacks and bandages. The car's strong bike focus has been done to celebrate the company's history. Skoda began life as a bicycle manufacturer in 1895 as Lauren & Klement, named after founders Václav Laurin and Václav Klement. Car making began a decade later, and the company was bought by Skoda, an arms manufacturer, in 1925. Both the interior and exterior are finished in red, gold and black trim that's inspired by the original L&K emblem. 3D printed L&K badges are used both inside and out in place of Skoda's fast-disappearing winged arrow logo. The Superb's plug-in hybrid drivetrain is left untouched, and makes a combined 150kW and 350Nm from its 1.5-litre turbocharged four-cylinder petrol engine and electric motor combo. The 25.7kWh battery pack has WLTP range rating of 100km. MORE: Everything Skoda Content originally sourced from:
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There was speculation of a quick conclusion with the Australian Financial Review reporting European Commission President Ursula von der Leyen had flagged a trip to Australia for late July or early August in anticipation of signing a deal. This echoed the fact she had also been quick to flag an agreement while offering Anthony Albanese her congratulations on becoming prime minister via Twitter in 2022. But multiple EU spokespeople have declined to confirm the travel, telling AAP a Down Under trip is "not on the radar". Despite acknowledging renewed political will, various sources in Brussels are cautioning patience. "There is no rush," according to one inside the EU Commission. "I wouldn't even say the end of the year, I would say more next year." Jacob Funk Kirkegaard, a senior fellow with Brussels think-tank Bruegel, estimates it could take at least another six months to resolve outstanding issues on agricultural tariffs and quotas. "The broad contour of the deal is already negotiated," he told AAP. "They know where the skeletons are buried. It takes a political grand bargain to do it." He noted that if the EU makes concessions, it would likely encounter an angry backlash from French and Polish farmers, who also opposed the EU's deal last year with Argentina, Brazil, Paraguay and Uruguay. However tractor and manure street protests wouldn't be enough to block a deal with Canberra, he said. Amid Washington's shift to extreme trade protectionism, an EU-Australian free trade deal would send a strong message to the Trump administration, Kirkegaard said. "As two of America's traditional allies, if both the EU and Australia find themselves subject to US tariffs, what better way than to do a deal with each other," he said. "So perhaps both countries feel this political signal is kind of a middle finger to Trump as well." Back in Melbourne, Sicilian-born cheesemaker Giorgio Linguanti from That's Amore Cheese faces an anxious wait to find out whether he can continue to market his wares using generic terms like parmesan or mozzarella. Yet he is open to compromise. "We should call it Australian parmesan and Australian feta because Australian milk is the best in the world," he said. Canberra and Brussels announced on Wednesday separate negotiations on a defence pact to boost defence industry, cyber-security and counter-terrorism co-operation. But it would not have military deployment obligations. There is appetite for the European Union and Australia to signal a "middle finger to Trump" by uniting on a long-awaited free trade deal but some in Brussels are tempering expectations of a quick turnaround. Trade talks kicked off in 2018 but Canberra walked away about 18 months ago over unsatisfactory market access for beef and lamb producers, and a reluctance to give up naming rights on products for geographical origin reasons, including feta, parmesan and prosecco. Fast forward to 2025 and US President Donald Trump's tariff antics have brought both parties back to the negotiating table. There was speculation of a quick conclusion with the Australian Financial Review reporting European Commission President Ursula von der Leyen had flagged a trip to Australia for late July or early August in anticipation of signing a deal. This echoed the fact she had also been quick to flag an agreement while offering Anthony Albanese her congratulations on becoming prime minister via Twitter in 2022. But multiple EU spokespeople have declined to confirm the travel, telling AAP a Down Under trip is "not on the radar". Despite acknowledging renewed political will, various sources in Brussels are cautioning patience. "There is no rush," according to one inside the EU Commission. "I wouldn't even say the end of the year, I would say more next year." Jacob Funk Kirkegaard, a senior fellow with Brussels think-tank Bruegel, estimates it could take at least another six months to resolve outstanding issues on agricultural tariffs and quotas. "The broad contour of the deal is already negotiated," he told AAP. "They know where the skeletons are buried. It takes a political grand bargain to do it." He noted that if the EU makes concessions, it would likely encounter an angry backlash from French and Polish farmers, who also opposed the EU's deal last year with Argentina, Brazil, Paraguay and Uruguay. However tractor and manure street protests wouldn't be enough to block a deal with Canberra, he said. Amid Washington's shift to extreme trade protectionism, an EU-Australian free trade deal would send a strong message to the Trump administration, Kirkegaard said. "As two of America's traditional allies, if both the EU and Australia find themselves subject to US tariffs, what better way than to do a deal with each other," he said. "So perhaps both countries feel this political signal is kind of a middle finger to Trump as well." Back in Melbourne, Sicilian-born cheesemaker Giorgio Linguanti from That's Amore Cheese faces an anxious wait to find out whether he can continue to market his wares using generic terms like parmesan or mozzarella. Yet he is open to compromise. "We should call it Australian parmesan and Australian feta because Australian milk is the best in the world," he said. Canberra and Brussels announced on Wednesday separate negotiations on a defence pact to boost defence industry, cyber-security and counter-terrorism co-operation. But it would not have military deployment obligations. There is appetite for the European Union and Australia to signal a "middle finger to Trump" by uniting on a long-awaited free trade deal but some in Brussels are tempering expectations of a quick turnaround. Trade talks kicked off in 2018 but Canberra walked away about 18 months ago over unsatisfactory market access for beef and lamb producers, and a reluctance to give up naming rights on products for geographical origin reasons, including feta, parmesan and prosecco. Fast forward to 2025 and US President Donald Trump's tariff antics have brought both parties back to the negotiating table. There was speculation of a quick conclusion with the Australian Financial Review reporting European Commission President Ursula von der Leyen had flagged a trip to Australia for late July or early August in anticipation of signing a deal. This echoed the fact she had also been quick to flag an agreement while offering Anthony Albanese her congratulations on becoming prime minister via Twitter in 2022. But multiple EU spokespeople have declined to confirm the travel, telling AAP a Down Under trip is "not on the radar". Despite acknowledging renewed political will, various sources in Brussels are cautioning patience. "There is no rush," according to one inside the EU Commission. "I wouldn't even say the end of the year, I would say more next year." Jacob Funk Kirkegaard, a senior fellow with Brussels think-tank Bruegel, estimates it could take at least another six months to resolve outstanding issues on agricultural tariffs and quotas. "The broad contour of the deal is already negotiated," he told AAP. "They know where the skeletons are buried. It takes a political grand bargain to do it." He noted that if the EU makes concessions, it would likely encounter an angry backlash from French and Polish farmers, who also opposed the EU's deal last year with Argentina, Brazil, Paraguay and Uruguay. However tractor and manure street protests wouldn't be enough to block a deal with Canberra, he said. Amid Washington's shift to extreme trade protectionism, an EU-Australian free trade deal would send a strong message to the Trump administration, Kirkegaard said. "As two of America's traditional allies, if both the EU and Australia find themselves subject to US tariffs, what better way than to do a deal with each other," he said. "So perhaps both countries feel this political signal is kind of a middle finger to Trump as well." Back in Melbourne, Sicilian-born cheesemaker Giorgio Linguanti from That's Amore Cheese faces an anxious wait to find out whether he can continue to market his wares using generic terms like parmesan or mozzarella. Yet he is open to compromise. "We should call it Australian parmesan and Australian feta because Australian milk is the best in the world," he said. Canberra and Brussels announced on Wednesday separate negotiations on a defence pact to boost defence industry, cyber-security and counter-terrorism co-operation. But it would not have military deployment obligations.
