By on April 14, 2014

Carlos Tavares

Though PSA Peugeot Citroen secured funding in a three-way deal between itself, the French government and Dongfeng, new boss and former Renault COO Carlos Tavares has a hard road ahead of him as he rebuilds the ailing automaker.

(Read More…)

By on February 20, 2014

Carlos Tavares

Former Renault executive and incoming PSA Peugeot Citroen CEO Carlos Tavares aims to use the 3 billion euro investment made in the three-way pact between the automaker, the French government and Dongfeng as part of a 5.27 billion euro makeover of the automaker’s line of vehicles over the long-term.

(Read More…)

By on January 27, 2014

Carlos-Tavares_b

Sources close to the situation tell Reuters that Carlos Tavares, Carlos Ghosn’s former second in command at Renault, could start running rival PSA Peugeot Citroen as soon as March. Tavares officially joined PSA as CEO-in-waiting on Jan. 1. According to Reuters, Peugeot had previously said only that Tavares would take over sometime this year. Peugeot Chairman Thierry Peugeot told Le Figaro in an interview published over the weekend that the company’s board of directors would soon decide on the official transition date.

(Read More…)

By on November 26, 2013

450x222xjpg-3-450x222.jpg.pagespeed.ic.8kqTWHzuOU

PSA confirmed that former Renault COO Carlos Tavares will take over the reins starting January 1st. Tavares assumes the role at a fortunate point in time for PSA: an alliance with Chinese car maker Dongfeng is underway, and Tavares’ predecessor, Philippe Varin, has already completed the difficult task of closing factories and cutting thousands of jobs, a difficult task in a country like France.

Now, Tavares will be tasked with helping PSA turn things around, with a slate of new product, a leaner organization and  reorganized brand structure. Despite Varin laying much of the groundwork for a potentially revitalized PSA, Tavares could end up in the right place at the right time – able to fulfill his dream of running a car company, while presiding over a successful turnaround.

By on September 10, 2013
603059_0202994081596_web_tete

Thierry Bolloré, left. Jérôme Stoll, right.

Following the departure of chief operating officer Carlos Tavares, Renault Chairman and CEO Carlos Ghosn has announced that the company will be adding two new divisions to the existing finance, human resources and CEO office functions. Thierry Bolloré is being appointed Chief Competitive Officer, with responsibilities for Design-Product-Programs, Engineering-Quality-IS/IT, Purchasing, Manufacturing and Supply chain. Bolloré’s replacement as executive vice president in charge of manufacturing and supply chain will be Jose Vicente de los Mozos, reporting to Bolloré. The new position of Chief Performance Officer will be filled by Jérôme Stoll, with responsibilities for Sales & Marketing function, and coordinating Renault’s international operations, which apparently will have more autonomy. Michael van der Sande was named senior vice president for Marketing, replacing Stephen Norman, a member of Renault’s management committee, whose future appointment will be announced separately. Bolloré and Stoll will both report to Ghosn, whose published statement said, “Our objective was to take fast, transparent action by putting in place a clear and simple organization. The aim is threefold: to accelerate and expand our ongoing progress, to ensure performance at Group level and to give the regions more responsibility.”

Biographies after the jump. (Read More…)

By on August 30, 2013

jpg (3)

The departure of Carlos Tavares is barely 24 hours old, but we’re already getting reports of the genesis of Tavares’ exit, which was only partially brought about by his public courting of North American OEMs.

(Read More…)

By on August 29, 2013

izr9WDTyQgLo. Photo courtesy Bloomberg.com

A surprise announcement from Renault early this morning, with the firm announcing the departure of COO Carlos Tavares. According to Renault, his departure is effective immediately, with the Wall Street Journal reporting that his resignation comes as a result of a “negotiated agreement”. Weeks ago, Tavares mentioned that he felt it unlikely that he’d ever assume the top spot at Renault, suggesting that he could be CEO of Ford or GM instead.

Recent Comments

New Car Research

Get a Free Dealer Quote

Staff

  • Authors

  • Brendan McAleer, Canada
  • Marcelo De Vasconcellos, Brazil
  • Matthias Gasnier, Australia
  • W. Christian 'Mental' Ward, Abu Dhabi
  • Mark Stevenson, Canada
  • Faisal Ali Khan, India