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July 30, 2003
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This Week:

• Crewe factory gears up for Bentley Continental GT

• Toyota to Build Pilot Bio-plastic Plant

• Mercedes-Benz Enhances European Delivery

• Holden's Peter Hanenberger to Retire After 45 Years With GM

• Monica E. Emerson is Appointed Executive Director -- Corporate Diversity Office at Chrysler Group

• Changes at head of Renault Group Finance Department

• DaimlerChrysler achieves Group operating profit of EUR 0.6 billion in second quarter of 2003

• Saab Ranks First Among European Carmakers In 2003 J.D. Power CSI Study

• Johnson Controls Names Keith Wandell President of Automotive Group

• BMW Group expands sales organisation furtherEven closer to customers throughout Western Europe

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Changes at head of Renault Group Finance Department
 

Louis Schweitzer, Chairman and C.E.O. of Renault, has accepted Shemaya Lévy's request to undertake a personal project starting in early 2004. He will leave his post at the end of December 2003. Shémaya Lévy has been a member of the Group Executive Committee (CEG) since 1995 and Executive Vice President, Chief Financial Officer, since 1998. Thierry Moulonguet, Executive Vice President and Chief Financial Officer of Nissan until June 2003, rejoins Renault on September 1, 2003. He will initially be appointed to the Renault Management Committee (CDR) as Advisor to the Chairman. Effective January 1, 2004, he will be named Executive Vice President, Chief Financial Officer, and will become a member of the Renault Group Executive Committee.

The following senior executives, all members of the Renault Management Committee (CDR), will report to Thierry Moulonguet:

• Jean-Pierre Corniou, Senior Vice President, Chief Information Officer

• Alain Dassas, Senior Vice President, Finance

• Philippe Gamba, Chairman and C.E.O. of RCI Banque.

• Jean-Jacques Vaudoyer, Vice President, Corporate Audit, and François Garcia, Vice President, Tax and Customs Affairs, will also report to him.

• Jean-Baptiste Duzan, Senior Vice President, Corporate Controller, who is also a member of the Renault Management Committee (CDR), will report directly to Louis Schweitzer, Renault Chairman and C.E.O., effective January 1, 2004.

(July 24, 2003)