Nov 8th, 2022

Renault Sees Margin Boost From Sweeping Overhaul: CFO

French carmaker Renault plans to double its operating margin to more than 10% in 2030, and reinstate its dividend, thanks to a split of its EV and combustion engine businesses. Renault will then list the EV business, called Ampere, in the 2nd half of next year. Renault CFO Thierry Pieton discusses the overhaul, which includes a partnership with the Chinese Geely, with Bloomberg’s Caroline Connan in Paris.