Pressure on Renault's management

What will happen to Thierry Bolloré? With the sidelining of Hari Nada, Nissan's lawyer,
a month after the departure of Hiroto Saikawa from the head of the Japanese manufacturer

   Renault's Chief Executive Officer is now the last surviving senior executive of the "Ghosn" era still active in the Franco-Japanese Alliance.

But today, the pressure is rising.
Household cleaning being finalized in Japan

   many in the archipelago do not understand that Carlos Ghosn's former right-hand man is still in office, while the fallen boss's relatives have recently left the group – willingly or by force.

Housekeeping at Renault

Loyal towards the former CEO, Thierry Bolloré had expressed his support after his arrest last November, seeming to endorse the thesis of a plot hatched by the manufacturer of Yokohama. Mistrust of the Japanese clan has never dissipated – as shown by the
arm wrestling between the two groups when he was appointed director

    of Nissan last June. Difficult, to revive a Renault-Nissan partnership still seized, keeping him in his job.

An argument of weight in the eyes of the French State, which has never really supported Thierry Bolloré. With 15% stake in the Losange, the executive has a voice on its governance and wishes to close for good the years Ghosn to start on a new basis. "Bercy insists that things move", says a good connoisseur of the file.
Appointed last January, the new president of the former Régie, Jean-Dominique Senard,

    had for roadmap of "Revive the Alliance", but also "Cleaning up at Renault"we are content to remind Bercy.

Complex duo

Upon his arrival, Jean-Dominique Senard chose to play the appeasement with the team in place. After eight months of cohabitation, the president and his general manager are still struggling to establish a relationship of trust. "Their relations are just courteous, it's a secret of Polichinelle", blows a close to the group.

The failure of the merger with Fiat Chrysler, which provoked severe friction between Bruno Le Maire and the Renault president

   , also left traces internally. "This situation can not last. We need an osmosis at the head of the group », regrets a frame.

At the headquarters, Thierry Bolloré still has some support. But
the departure of appreciated leaders (moreover towards the enemy brother PSA)

   or the
appointment to Comex of profiles outside the automobile

   cringe. As for his consensual side, he is also beginning to elicit some criticism.

Anyway, the director general will be expected to turn on the accounts of Losange. After the
semi-annual half-tone results published at the end of July

   , marked by more than 700 million euros of negative free cash flow, he promised that he would restore the situation at the end of the year. The deterioration of the automotive markets may make the goal difficult to achieve. Renault's board will meet on October 18 to review the situation before announcing the quarterly results. The discussion promises to be dense.