Renault CEO suddenly resigns.

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The link is from Yahoo - but there re-hosting a Bloomberg article so its probably more legit.

Key points directly from article:

"De Meo will step down July 15, Renault announced late Sunday, sending its shares tumbling as much as 8% at the open Monday in Paris"

"The departure amounts to a major setback for a carmaker that’s been recovering despite substantial challenges facing the global auto industry, including an uncertain transition to electric vehicles, escalating trade tensions and the rise of increasingly competitive Chinese manufacturers."


https://finance.yahoo.com/news/renault-ceo-resignation-throws-fragile-103351462.html
 
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