Renault appoints finance chief Duncan Minto as interim CEO, plans to increase cost-cutting measures after lowering full year operating margin forecast. First half free cash flow only 47 million euros due to delayed billings and market decline in Europe. Aims for 6.5% operating margin and 1-1.5 billion euros free cash flow. Minto takes over as company searches for permanent CEO, with June volumes lower than expected. Cost-cutting actions, CEO succession, and working capital reversal to be key focus during July 31 earnings call. Candidates for new CEO include Denis Le Vot and Maxime Picat.

Read more at Yahoo Finance: Renault lowers 2025 guidance, names finance chief Minto as interim CEO