Renault’s announcement on Tuesday that it would split its businesses to better prepare for an electric, low-carbon future included news that it would float its Ampere EV division and hints that another entity – the emergent premium brand Alpine – could also be spun into a future stock-market listing.
But also coming out of the Renault Capital Markets’ Day was the fact that one of its most profitable brands was Dacia, which will remain firmly inside Renault’s new Power division for ICE vehicles, with no plan to even give the brand its own P&L (profit and loss) balance sheet.
