Renault CEO Luca de Meo is set to unveil a “Renaulution” plan on January 14th and it sounds like the automaker will be announcing a series of cuts.
Details are limited, but Automobilwoche is reporting the Renaulution plan is primarily focused on cutting costs. This will be achieved through a variety of measures including a reduced product lineup.
There’s no word on which models will be cut, but the publication says “de Meo wants to reduce Renault’s broad range of products and services by around 30 percent.” Slow sellers will undoubtedly be the first to go and that means the Talisman could be among the victims as sales have fallen by more than 50%, and totaled just 16,405 units in Europe last year. Previous reports have also suggested the Espace and Scenic could be living on borrowed time.
Also Read: Renault Could Drop Scenic, Espace And Talisman
Besides eliminating models, the plan reportedly calls for avoiding “technology fields that are not immediately usable.” The company is also slated to adopt a more realistic global strategy as de Meo reportedly admits their current “geographic expansion has not produced the expected results.” As part of this, Renault’s Chinese efforts could become more reliant on local partners.
Speaking of partners, Renault is committed to their alliance with Nissan and Mitsubishi. de Meo contends breaking up the alliance would send all three to the “second league of car manufacturers” and noted a handful of “magical projects” are in the works.
It remains unclear what those projects are, but electrification is expected to play a big role in Renault’s future. This was previewed by the Megane eVision concept and Alpine officials have hinted at high-performance electric vehicles which could ride on the same platform that underpins the Nissan Ariya.