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Global Renault boss quits for role at Gucci
Global Renault boss quits for role at Gucci

The Advertiser

time7 days ago

  • Automotive
  • The Advertiser

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. "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. 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. 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. 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. MORE: Everything Renault Content originally sourced from: 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. "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. 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. 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. 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. MORE: Everything Renault Content originally sourced from: 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. "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. 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. 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. 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. MORE: Everything Renault Content originally sourced from: 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. "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. 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. 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. 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. MORE: Everything Renault Content originally sourced from:

Global Renault boss quits for role at Gucci
Global Renault boss quits for role at Gucci

Perth Now

time7 days ago

  • Automotive
  • Perth Now

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

Global Renault boss quits for role at Gucci
Global Renault boss quits for role at Gucci

7NEWS

time7 days ago

  • Automotive
  • 7NEWS

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. '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. 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. 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. 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.

Renault Unveils Futuristic Electric Concept Car
Renault Unveils Futuristic Electric Concept Car

Yahoo

time05-02-2025

  • Automotive
  • Yahoo

Renault Unveils Futuristic Electric Concept Car

Renault has unveiled one of its oddest ever concept cars, the Filante Record 2025. The single-seater is inspired by legendary record-breaking Renaults such as the 40 CV des Records (1925), Nervasport des Records (1934) and Étoile Filante (1956). With sleek, flowing lines reminiscent of aircraft, it aims to set new performance benchmarks. The demo car debuts at the Rétromobile motor show in Paris from 5 to 9 February before attempting to break efficiency records later in the year. Finished in Ultraviolet Blue, a shade specially developed for the project the vehicle integrates historic design cues such as round headlamps and wheel fairings while embracing cutting-edge aerodynamics. It also showcases pioneering battery technology, using cell-to-pack integration for improved energy efficiency. With its sights set firmly on the future, the Filante Record 2025 is more than a concept—it is a rolling laboratory for Renault's next generation of electric vehicles.

Renault Filante Record 2025 Aims to Set Efficiency Records This Year
Renault Filante Record 2025 Aims to Set Efficiency Records This Year

Yahoo

time31-01-2025

  • Automotive
  • Yahoo

Renault Filante Record 2025 Aims to Set Efficiency Records This Year

The Renault Filante Record 2025 is a crazy-looking concept car that is also functional and will attempt to set efficiency and range records this year. The thin body is fashioned from carbon fiber and designed to cut through the air with minimal drag. The Filante features steer-by-wire, brake-by-wire, extensive use of lightweight materials, and unique friction-reducing tires from Michelin. French automakers are known for eccentric designs, and Renault has cooked up something particularly kooky for 2025. This torpedo-like vehicle is the Filante Record 2025, an electric concept car inspired by a series of record-setting vintage Renaults. But this isn't some static flight of fantasy. Not only is the Filante operational, but Renault plans to use it to set a new record for electric efficiency and range this year. The Filante Record 2025 is rooted in history. Its purpose and its aerodynamic bodywork reference a trio of old Renaults that set records in their own day. The Filante's thin fuselage mimics that of the 1925 40 CV des Records and 1934 Nervasport des Records, while the name and curvy fenders draw upon the 1956 Etoile Filante. Renault partnered with Ligier Automotive—which builds endurance race cars and is loosely tied to the F1 team from the '70s and '80s—for the development of the Filante Record 2025. The streamlined Ultraviolet Blue body stretches 201.6 inches long but just 46.9 inches tall, roughly 14 inches longer than a Lexus LC500 but six inches shorter. The lengthy hood curves rearwards to a glass bubble that recalls the cockpit of a fighter jet. The front and rear wheel fairings sit independently of the body for aerodynamic efficiency and are linked back to the main structure by a few black struts. Renault aims to conduct wind-tunnel tests this spring to further hone the bodywork. Renault describes the Filante Record 2025 as a "laboratory on wheels," fitting the concept with a variety of futuristic technologies. Renault says the prototype weighs around 2205 pounds thanks to a lightweight chassis made from a combination of aluminum, carbon, and steel alloys. The body is fashioned from carbon fiber, and Renault also 3-D-printed certain parts using Scalmalloy, a high-strength aluminum alloy. Computer programs allowed Renault to reduce the amount of material used to only the most crucial sections needed to maintain rigidity. Under the dramatic bodywork lies an 87.0-kWh battery, which Renault notes is the same capacity as the pack found in the road-going Scenic E-Tech SUV. Renault says the cells are integrated directly into the battery pack, eliminating intermediate modules and keeping the battery's weight to around 1323 pounds. The cockpit is snug, holding just one seat. That seat is made from stretched canvas over a series of thin carbon blades, contributing to the low curb weight. Renault compares the setup to a hammock and says it adapts to the shape of the driver's body. An ultra-thin screen wrapped around a cylinder sits ahead of the driver to show important information and control various functions. Renault also touts an air-circulation system that will ventilate the cabin without adding parts and weight. The party trick is the steering wheel, which is, in fact, not actually a wheel. Instead, the Filante features a yolk-like setup with two handles that control the acceleration, braking, and steering. The Filante has both steer-by-wire and brake-by-wire systems, relying on an electronic link between the driver's controls and the wheels and brakes. The Filante Record also features unique friction-reducing tires from Michelin that should help maximize the electric range. Renault will show off the Filante Record 2025 at the Rétromobile show in Paris starting on February 5 before the car embarks on its attempt to set a new record for efficiency in the first half of 2025. You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!

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