Renault turns to VW’s De Meo as carmaker seeks fresh start

  • Date: 29-Jan-2020
  • Source: Reuters
  • Sector:Transport
  • Country:Lebanon
  • Who else needs to know?

Renault turns to VW’s De Meo as carmaker seeks fresh start

Italian-born De Meo had been hotly tipped for the job, but faced hurdles because of a non-compete clause in his VW contract, sources previously told Reuters.. The firm has also presented 2020 as a make-or-break year for the alliance with Nissan ( 7201.T ) and is under pressure to deliver on cost savings and joint industrial projects.. De Meo, who speaks French, will be one of a growing handful of outsiders in senior company jobs in France.. De Meo is credited with revitalizing sales at Barcelona-based Seat, imbuing it with a more sporty image and accelerating projects that were already in the works..