Renault boss De Meo quits
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The facelifted iterations of Renault Kiger and Triber are expected to receive styling as well as feature upgrades.
An activist investor has built a stake in the lingerie retailer, with plans to push the company to refresh its board and refocus on its [core bra business](
TOKYO (Reuters) -Nissan Motor CEO Ivan Espinosa said the automaker plans to reduce its stake in French partner Renault, the Nikkei business newspaper reported on Monday. Nissan and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10% from 15%.
Luca de Meo has resigned as CEO of the Renault Group, a development which could spark doubts about the future of the Alpine Formula 1 team. The Italian, who took up the post in 2020, oversaw a positive change for the company, which he described at the time of its commencement as a “Renaulution”.
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