Renault to split in five businesses in sweeping overhaul plan

Renault de Meo Paris show 2022 — Renault CEO Luca de Meo has embarked on a radical overhaul of operations as the automaker seeks to navigate the difficult and costly transition to electrification. (Bloomberg)

By:

Staff and wire reports

November 08, 2022 06:38 AM

Renault announced a major overhaul that will see it separate its activities in five businesses, deepen ties with China's Geely and spin off its electric vehicles unit through a stock market listing next year.

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