Overview

• Renault CFO Duncan Minto took over as interim CEO on July 15, sharing daily management duties with board chairman Jean-Dominique Senard
• The automaker trimmed its 2025 operating margin forecast from over 7% to 6.5% and slashed free cash flow guidance from more than €2 billion to €1–1.5 billion
• Renault cited June performance shortfalls driven by lower volumes, a weak light commercial vehicle segment and receivables affected by billing timing differences
• Paris-listed shares fell about 17%, marking the steepest one-day drop since early 2020 and highlighting investor concern over profitability and governance
• Half-year results are due on July 31 as the company seeks to stabilise operations under interim leadership