The fact that incoming boss Vincent Tourette was an old hand within the Renault-Nissan Alliance – he has worked for the Renault-Nissan Alliance for 23 years, most recently as Nissan’s vice-president, sales and marketing in Tokyo, and held UK posts as general manager for Renault Retail Group and marketing planning manager at Renault UK – may have provided some reassurance.
However, the position Tourette finds himself in is arguably less stable than the one former Ford executive Paul Flanagan inherited when he took up the post in May 2016.
Rising inflation, a recent increase in interest rates and the uncertainty surrounding Brexit negotiations have all dented market confidence.
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