Renault CEO Says Production Cuts May Be Needed Without EU CO2 Flexibility
CEO François Provost said Renault may have to propose production cuts in Europe if the EU does not grant the industry flexibility on its CO2 targets.
Renault Group CEO François Provost said on Tuesday that he may need to reduce the company's European production if the EU does not give the industry flexibility on its CO2 targets. “If we don't have the 2030 flexibility, I, in one year's time, will have to propose to my board to cut c…”