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Renault CEO signals strategy reset to get back on track

October 18, 2019

Within a week of taking the helm, Renault interim CEO Clotilde Delbos called into question the strategic road map meant to carry the French automaker through 2022.

In a video address to employees Tuesday, Delbos said Renault will review the plan because the market has changed since it was unveiled two years ago.

“Unfortunately the situation hasn’t improved during the summer and we need to put Renault back on track,” she said in the session viewed by Bloomberg News. “We need to adjust the strategy.”

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