Patrick Pelata News
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Patrick Pelata, who stepped down from his post as Renault SA’s chief operating officer in 2011 following a botched espionage investigation, said he’s leaving the carmaker because he wasn’t given enough responsibilities.
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Nissan Motor Co., Japan’s second- largest carmaker, said Chief Executive Officer Carlos Ghosn is considering stepping down before the company’s next mid-term business plan begins in about five years.
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Renault SA is considering adding two upscale brands and further expanding in emerging markets to decrease the automaker’s reliance on Europe’s shrinking volume car market.
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Renault SA accepted Patrick Pelata ’s resignation from his post as the French carmaker’s second-in-command over a botched espionage investigation that led to the wrongful dismissal of three senior managers.
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Renault SA Chief Executive Officer Carlos Ghosn will lose his second-in-command after Patrick Pelata resigned, bowing to pressure from the French government to take responsibility for a botched espionage probe.
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Renault SA Chief Operating Officer Patrick Pelata ’s exit over a botched espionage investigation threatens the French company’s plan to reverse sagging European sales and expand in emerging markets, analysts said.
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Renault SA , France’s second-biggest carmaker, doesn’t aim to sell its stake in Swedish truckmaker Volvo AB soon because the manufacturer has enough funds to reduce debt, Chief Operating Officer Patrick Pelata said.
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Renault SA Chief Executive Officer Carlos Ghosn gave up his bonus and turned down second-in-command Patrick Pelata ’s resignation after wrongfully accusing senior managers of spying in a case that has become a personal embarrassment for the top two executives.
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Renault SA Chief Executive Officer Carlos Ghosn gave up his bonus and turned down second-in-command Patrick Pelata ’s resignation after the company admitted wrongfully accusing senior managers of spying.
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Renault SA sees a drop of 7 percent to 9 percent in car sales this year in Europe and a “siginificant” decline in 2011, Le Figaro reported, citing Patrick Pelata, the company’s deputy chief executive officer.
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