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Renault could pull out of markets, products in strategy review: interim CEO

Published 11/19/2019, 01:06 PM
Updated 11/19/2019, 01:06 PM
© Reuters. FILE PHOTO: French, EU and Renault flags flutter in front of French carmaker Renault headquarters ahead of the company's news conference in Boulogne-Billancourt

© Reuters. FILE PHOTO: French, EU and Renault flags flutter in front of French carmaker Renault headquarters ahead of the company's news conference in Boulogne-Billancourt

LONDON (Reuters) - Renault's interim chief executive Clotilde Delbos said on Tuesday the carmaker did not rule out pulling out of some products or markets as part of a review of mid-term goals.

© Reuters. FILE PHOTO: French, EU and Renault flags flutter in front of French carmaker Renault headquarters ahead of the company's news conference in Boulogne-Billancourt

"We will avoid it if we can ... but we have to ask ourselves the question ... can we just keep up the same strategy? I don’t think so. The market is changing, we have to adapt," Delbos said at a conference.

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