Automakers

CEO Luca de Meo on the new Renault: 'Look at it as a tree with branches'

Renault CEO Luca de Meo at capital markets day in November
Renault CEO Luca de Meo at the automaker's capital markets day in November, at which he announced a radical restructuring of the company's business.
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January 10, 2023 05:00 AM

After helping Renault Group recover from deep losses in 2020 and resetting the automaker's future product direction with his Renaulution plan, CEO Luca de Meo is not resting on his successes. Last autumn, de Meo announced a fundamental restructuring of Renault that will see the spinoff of full-electric activities as Ampere; a joint venture with Geely to build combustion engines in a division called Horse; a separate unit for circular economy activities; a stand-alone Alpine sports and racing brand; and the core activities of Renault and Dacia renamed Power. De Meo talked to Automotive News Europe Associate Publisher and Editor Luca Ciferri and News Editor Peter Sigal at Renault headquarters in Paris about the road ahead.

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