A Eagerly Awaited “Renaulution” from the French Manufacturer

A new electric R5, plans for Alpine and more expensive Renault cars: the French manufacturer must unveil its roadmap on Thursday to face the revolution in the automotive sector.
The group on Tuesday presented sales figures for 2020 below the market level, with a drop of 21.3% globally “mainly due to its high exposure in countries that have undergone strict containment”.

The crisis hit a group that was already in difficulty. The company in Losange announced at the end of May a savings plan of more than 2 billion euros over three years, providing for some 15,000 job cuts worldwide, including 4,600 in France.

After a failed marriage with Fiat-Chrysler, which finally chose Peugeot-Citroën, Renault is also coming out of the scandal caused by the arrest and escape in Japan of its former CEO Carlos Ghosn, accused of financial embezzlement.

In 2020, the group also boosted its offer of hybrid and plug-in hybrid vehicles. And it has reduced its supply of engines: the Diesel have already disappeared from the very popular Dacia Sandero.

To mark its turn towards the future, Renault could present Thursday an electric version of the R5, the star of the 1970s, but also of the 4L, another light and reliable icon of Renault, according to a source within the company.

The CEO of Renault should also specify Thursday his plans for Alpine, which now includes all the sports activities of the group. He gave the brand a new face on Monday: Laurent Rossi, former director of the group’s strategy, replaced Cyril Abiteboul, Renault figure in Formula 1.

According to the same source in the group, there could be three Alpine models: “the replacement for the current 110, a somewhat SUV model” and a Mégane stamped Alpine which would replace the Mégane RS, darling of circuit enthusiasts.

In 2020, the group also boosted its offer of hybrid and plug-in hybrid vehicles. And it has reduced its supply of engines: the Diesel have already disappeared from the very popular Dacia Sandero.

To mark its turn towards the future, Renault could present Thursday an electric version of the R5, the star of the 1970s, but also of the 4L, another light and reliable icon of Renault, according to a source within the company.

The CEO of Renault should also specify Thursday his plans for Alpine, which now includes all the sports activities of the group. He gave the brand a new face on Monday: Laurent Rossi, former director of the group’s strategy, replaced Cyril Abiteboul, Renault figure in Formula 1.

According to the same source in the group, there could be three Alpine models: “the replacement for the current 110, a somewhat SUV model” and a Mégane stamped Alpine which would replace the Mégane RS, darling of circuit enthusiasts.

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A Eagerly Awaited "Renaulution" from the French Manufacturer - /10

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