Renault Group boss Luca de Meo, until 2020 in charge at Seat, has a big job on his hands: not only making the company profitable after a tumultuous few years but also cementing a smooth relationship in its notoriously tricky alliance with Nissan. We caught up with him at the recent Paris motor show to ask how things are going.
What has driven you down the nostalgia route with new cars like the Renault 4 and 5?
“All big brands have classics, in any segment. Renault has classics like the 4, 5, [5] Turbo. We’re just doing the thing that everybody expects from us and to reconnect the brand with its roots. We’re not an electric start-up, we have 120 years of history, and you have to leverage this as an advantage.
“You can argue the 5 has some codes you can recognise from the cars of old, but they’re nothing to do with the original car. It’s trying to reinvent the brand. People know that Renault lost its soul for a while. You need to do that exercise of connecting back to the brand.”
Are there any other ideas beyond the 4, 5 and Turbo that could help that reconnection?
“We have ideas, but for the time being, I don’t think I have the money to do this. Even in the Turbo, I need to find the money to [bring it to production]. We don’t have deep pockets. Maybe we’ll do a crowdfunding; I’m sure I’ll find people!”
When will you have enough money? What does success look like for Renault?
“What Renault needs to have is two good cycles. The issue with Renault is that there has always been one cycle up, one cycle down. Normally, it was very much linked to the success of small cars like the Renault Clio or 5. The challenge is that the next cycle may be about other things than simply launching a successful model.”
What’s next?
“We’re preparing Renault to be an organisation that, among the traditional car makers, is more adapted to a world that’s changing.
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All that grief after Paulie told him about the joke Ralphie made about his wife is long forgotten. John Sacramonie, we salute you
Remember that Renault fired Thierry Bollore and now they're doing what is the right and correct way to approach EV.
Bollore has killed off Jaguar and claims its because of the semiconductor shortage, a shortage other manufacturers seem to have navigated far better.
And believes he can relaunch Jaguar as an EV brand selling cars at over £100k to compete with Bentely!
1) SO, Bollore never did anything, like all the EV's that are currently in the range that were there before De Meo took over.... YOU ARE WRONG..2) He has NOT killed anything off, in fact, Jaguar has had a massive input of cash, with a load of new products coming, you will see that throughout next year, and as for the STUPID comment about no other manufacture has had issues, umm Ford has canned the Fiesta because of the lack of sales due to the shortage, MANY brands have had significant cuts in production, including Renault, and the VW group has been hit quite badly - SO YOU ARE WRONG AGAIN.3) as for the Bentley comment, it was throw away comment made, as has been mentioned before, they are taking Jaguar more upmarket, there are reasons for this, and you will find those out next year. EV's are more expensive already that the mainline cars they mimick, so to get a Jag at £100k will be easy, just look at the cost of the new Volvo EX90, that £100k start price with one option.. SO, ONCE AGAIN YOU ARE WRONG.But they you make so many mistakes with most of your comments.
Must have said something right for you to come reply with so many personal attacks.
Never claimed other marques weren't affected by the semiconductor shortage, but name one which has been killed off like Jaguar has been?
You mentioned Volvo, they're still selling cars for less than half the price Bollore believes the new Jaguars will cost. And yes, that's an EV.