Carlos Tavares exits Renault following ambitious remark

Article by Anita Panait, on August 29, 2013

Carlos Tavares, Renault’s Chief Operating Officer, is quitting two weeks after he publicly said that he would like to become the top man at either General Motors or Ford Motor. In a statement, Renault said that Tavares is leaving "in order to pursue other personal projects." The carmaker that Tavares' duties will be carried out by chief executive Carlos Ghosn until changes in its management organization occurs.

In a Bloomberg interview published Aug. 14, 2013, Tavares said that Ghosn is staying at Renault for the foreseeable future, thus he was interested in running GM or Ford instead. "Anyone who is passionate about the auto industry comes to a conclusion that there is a point where you have the energy and appetite for a No. 1 position," he told Bloomberg.

Renault named Tavares as its COO two years ago after the former holder of the post, Patrick Pelata, had to resign following a failed spy scandal wherein three senior managers were wrongfully dismissed. Tavares had been with Renault for 31 years, starting as a test-driving engineer. He worked his way up through the ranks and was tasked to run Nissan Motor Co.’s North American operations.

Under Tavares, Renault was able to post unexpected profit growth in the first half of 2013, thanks to labor cost cuts and higher vehicle prices that allowed the carmaker to counteract a current vehicle sales slump in Europe.

When he was running North America for Nissan, Tavares was able to help the carmaker earn JPY209 billion ($2.2 billion) in the region in the year ended March 2010, a significant turnaround from the JPY46.7 billion loss in 2009. [source: Renault]

Topics: renault

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Retired Formula 1 driver Jenson Button has just received his brand new McLaren MSO 675LT Spider. This was confirmed after McLaren Beverly Hills posted a picture on its official Instagram...
by - January 24, 2017
Ford and Toyota have come together in the hopes of standardizing their vehicles’ smartphone integration system. The open-source platform is said to compete with Google Android Auto and Apple CarPlay...
by - January 24, 2017
The race to autonomous driving has been dictated by the need to make the road safer and reduce the incidents of vehicle crashes. Several major carmakers in the world have...
by - January 24, 2017
The Shooting Brake is probably the least rendered body shape in the automotive world. But it’s also the most sought after design among car nuts for its unique, old-fashioned charm....
by - January 23, 2017
Perhaps to make the upcoming Valentine’s day more special, Tinder dating app and Ford UK have cooked up a special blind date for all the single blokes and chicks in...
by - January 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries