Renault CEO Luca de Meo toured a South Korean factory run with China's Geely Automobile on Tuesday, as he pitched for sweeping restructuring of an alliance that would allow the French automaker to focus on electric cars.
Renault CEO Luca de Meo toured a South Korean factory run with China's Geely Automobile on Tuesday, as he pitched for sweeping restructuring of an alliance that would allow the French automaker to focus on electric cars.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.