Stellantis N.V.

Amid trade turbulence, Wall Street bets on auto component makers

Stellantis has gone into loss due to duties and other expenses. Will it be able to recover?

Kering SA

Renault SA

On June 15, Renault <a href="https://media.renaultgroup.com/announcement-regarding-the-governance-of-renault-group/">announced</a> that its CEO Luca de Meo will step down effective July 15. This is not a retirement. He will <a href="https://www.kering.com/en/news/kering-announces-the-appointment-of-luca-de-meo-as-chief-executive-officer/">take the helm</a> of French group Kering, which owns famous fashion brands Gucci, Balenciaga, Yves Saint Laurent, Brioni and others. Why would a luxury company from the world of fashion need the experience of a top manager from the world of automobiles?

Auto industry