Core Viewpoint - Renault Group has appointed Duncan Minto as interim CEO following the departure of Luca de Meo, who left to lead luxury goods group Kering. This transition occurs during a critical phase for the company as it seeks to stabilize its direction amid market challenges and a revised profit outlook [1][3]. Management Changes - Duncan Minto, previously the CFO, will work alongside Chairman Jean-Dominique Senard to manage the company [3]. - The search for a permanent CEO is ongoing, with no timeline announced for the successor [3][6]. Financial Performance and Outlook - Renault has revised its 2025 operating profit margin forecast from at least 7% to approximately 6.5% due to increased competition and a downturn in the automotive market [3][5]. - The company anticipates a free cash flow of €47 million (approximately 390 million RMB) for the first half of the year, impacted by delayed billing and a decline in the European passenger and commercial vehicle markets [5]. Market Position and Challenges - Renault's popular models include the low-cost Dacia Sandero and the electric Renault 5, which have outperformed competitors like Stellantis and Volkswagen in terms of market and profit performance [5]. - The European automotive market is experiencing weak demand, particularly affecting Renault's small car segment, which faces intense competition from electric and hybrid new models [5]. Strategic Focus - Minto has indicated that the company will intensify cost-cutting measures, focusing on back-office, production, and R&D departments to stabilize financial data [5]. - The upcoming strategic plan "Future Future" is set to be unveiled in the fall, which will address the challenges posed by relaxed European carbon emission policies and the company's alliance with Nissan [6][7].
雷诺任命临时CEO,集团面临挑战浮出水面
Sou Hu Cai Jing·2025-07-16 07:41