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Renault CEO Goes Into Cost-Cutting Mode After Share Slump

Summary by Bloomberg
As Renault SA’s former procurement head, Francois Provost was used to keeping a tight grip on the purse strings. Now as chief executive officer, he’s trying to convince investors that the automaker must become more like its lower-cost Chinese rivals.

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Bloomberg broke the news in United States on Monday, March 9, 2026.
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