Peter Sigal

The 3008 compact SUV will be launched in the second half of 2023, followed by the midsize 5008. Both models are intended to be sold only as full-electric vehicles in Europe, although combustion-based drivetrains will be available in some markets.

As Renault brand boss Cambolive will lead a shift in emphasis from high-volume but low-margin small cars such as the Clio to the compact and midsize segments.

The sixth generation Espace will be revealed this spring as a five- or seven-seat model. The minivan segment has fallen sharply in recent years as buyers turn to SUVs and crossovers.

With a record market share in Europe, Renault's low-cost brand is preparing to launch three vehicles in the compact segment as it targets 15 percent margins.

CEO Laurent Rossi wants to 'maximize' the mid-engine sports coupe's lifespan ahead of a full-electric successor to be developed with Lotus. It outsold the Porsche Cayman in Europe in 2022.

Alpine has aspirations to sell two models in the U.S., a midsize full-electric SUV and a larger, similar model, starting in 2027 or 2028.

Citroen is selling only the full-electric version of the the C4 X in 14 European countries, mostof them in northern Europe.

Michael Schiebe, chief of staff to CEO Ola Kallenius, takes over at the performance division from Philipp Schiemer, who will lead a new Top End Customer and Community Management function.

A record order book in Europe of 3.5 months should boost sales in 2023, Renault said.

Provost also becomes head of the Alliance Purchasing Organization. He was a key architect of Renault's reorganization strategy presented in 2022.

De Ficchy moves from head of purchasing to lead Renault's mobility services unit, which also includes banking and finance activities.

Sales of compact cars rose 21 percent in Europe, and retail channel mix improved as CEO Luca de Meo focuses on profits.

The eC3, as it will be known, will go on sale next month. Citroen CEO Vincent Cobee would not comment on whether the new model would be sold in Europe as a rival to the Dacia Spring.

Under the deal, Punch will be able to use and sell current and future versions of the engines, and will help certify them to meet the coming Euro 7 pollution standards.

Renault Group's boss is preparing for a sweeping restructuring at the automaker, including a spinoff of EV activities and a partnership with Geely, after helping to restore profits and resetting product plans.