Renault CFO Thierry Pieton believes that despite the difficu...

Renault CFO Thierry Pieton believes that despite the difficult market recovery, there is still a “best time” for an IPO. At the same time, after confirming the rebalancing agreement with Nissan, Renault will be able to “freely sell” its 28.4% shares in Nissan and further “optimize capital allocation.” Furthermore, despite increasing signs of market weakness, orders in major European markets continued to be strong.