Renault Chair Jean-Dominique Senard Sets 2027 Exit, Starts Succession Plan

Overview

• Jean‑Dominique Senard, who told shareholders Thursday, said he will not seek another term and will leave the chair in 2027.
• Renault reported first‑quarter revenue of €12.53 billion, beating analyst expectations and giving the plan fresh momentum.
• The company reaffirmed its Futuready roadmap to launch 36 new models by 2030, expand EV sales in Europe, and have all factory work overseen by artificial intelligence.
• The plan includes cutting 15% to 20% of about 12,000 engineering roles within two years, a move that could affect roughly 1,800 to 2,400 people.
• Renault is leaning on partners, targeting 300,000 vehicles a year by 2030 with five carmakers, including a Ford EV build in northern France and growth with Nissan in India and Geely in Brazil.