François Provost
- 4d ago
Fonderie de Bretagne finds no buyer, 244 jobs face liquidation in Caudan
Administrators told the works council that no takeover bid was filed for the Caudan foundry, leaving its 244 jobs exposed to a liquidation expected on Thursday, 15 October 2026.
- 4d ago
Renault and Stellantis CEOs urge European car industry strategy and capacity sharing
At the Paris motor show, Renault CEO François Provost said the European car industry has lost a third of its jobs since 2010, while Stellantis CEO Antonio Filosa said the group will share plant capacity with Chinese partners rather than close factories.
- Oct 9
Porsche deliveries fall 16% in nine months as China demand weakens
Porsche delivered 16% fewer vehicles worldwide in the first nine months of 2026, with deliveries in China down 33%. Separately, Renault Group managing director Francois Provost urged the UK to match EU tariffs of up to 35% on Chinese cars.
- Oct 3
Renault commits over €10 billion to French EV production and affordable cars
Renault Group will spend more than €10 billion over five years to manufacture electric and lower-cost vehicles in France, Chief Executive François Provost announced on Saturday, conditioned on political and social stability.
- Sep 24
Renault to invest €600 million in Spain for electric vehicles and battery assembly
The French automaker will allocate €600 million between 2026 and 2030 to its Palencia and Valladolid plants, introducing five new models and building electric vehicles in Spain for the first time.
- Jun 11
Renault names Christian Stein as new CEO for Spain, succeeding Recasens who departs for Indra
Renault Group has appointed Christian Stein as its new CEO in Spain, effective 1 July, replacing Josep María Recasens who is leaving to lead the Spanish defence and technology firm Indra.
- May 28
Gucci becomes first luxury fashion house to title a Formula 1 team, partnering with Alpine from 2027
Italian luxury fashion house Gucci will become the title partner of Renault's Alpine Formula One team starting in the 2027 season, marking the first time a luxury brand has lent its name to a racing team.
