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

Recommended

The 2018 Cadillac CTS-V sedan will be getting a new paint job that will give it a unique icy feel. Dubbed the Glacier Metallic Edition, this special model was built...
by - August 23, 2017
During the North American International Auto Show at Detroit in 2015, Hyundai introduced a concept pickup truck they named the Santa Cruz. This model took home the Concept Truck of...
by - August 23, 2017
Porsche introduces the technologically advanced wheels with braided carbon fiber. These will be initially available on the 911 Turbo S Exclusive Series. Being the first car manufacturer to offer such...
by - August 23, 2017
All eyes were turned to the fuchsia pink bespoke McLaren 720S MSO at the 2017 Pebble Beach Concours d’Elegance Sunday. Surely, we can understand why. The one-off supercar, which was...
by - August 23, 2017
Hyundai Motor Group – including both Hyundai Motor and Kia Motors – has disclosed a wide-ranging plan to introduce 31 environment-friendly models in a new development roadmap that aims to...
by - August 22, 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