Renault share price has collapsed this week as speculation surrounding the future of its F1 involvement continues to swirl.

PARIS (Reuters) -Renault named Duncan Minto as interim CEO on Tuesday to lead the French automaker while it searches for a permanent replacement for Luca de Meo, who departs this week. De Meo resigned suddenly last month after five years at the helm of Renault and will join luxury group Kering in September.

The original Renault 4 of the ‘60s and ‘70s was conceived as a rival to the Citroen 2CV. This time round Renault has beaten its French rival to the punch with its revival of its small, family-friendly icon.

The Scotsman announced he was lowering the group's profit margin and cash flow forecasts, despite a strong order book in Europe.

Following the pandemic, Renault completely overhauled its lineup, introducing a range of new models. Spreading its expertise across hatchbacks, SUVs, electric and hybrid models, its cars now reflect a modern,

J&J boosted its annual outlook, after posting better-than-expected quarterly profit and sales. Shares rose over 1% in premarket trading. 🔎 [Bank of America (BAC)]

Rauh Racing has big plans for its Cleo-swapped Twingo, which is set to be a fan favorite in next year's 24-hour race at the 'Ring.

Shares of auto giant Renault fell by more than 16% after the publication of the company's latest results. Informs about this Profit.Ro .