Renault CEO Luca de Meo confirmed this Wednesday the end of talks with Volkswagen to share the program for the future electric Twingo. Reuters reported last week that discussions between the two automakers on this project had ended due to a lack of agreement.
“We are going to carry out the project, but for me it was an opportunity to make it even more interesting,” Luca de Meo told Reuters on the sidelines of the VivaTech fair being held in Paris.
“My wish was also to show that the European industry can come together, so I think it is a missed opportunity, but there may be others.”
Pan-European “Airbus”
A Renault-Volkswagen industrial tandem would have constituted a first between two European generalist manufacturers in the “A” segment of small urban vehicles, and would have embodied that pan-European “Airbus” of small cars that Luca de Meo calls
regularly of your wishes.
The end of negotiations with VW does not mean that another partner cannot intervene in the future Twingo project. At the last Geneva Motor Show, at the end of February, Luca de Meo declared itself “open to anyone who wants to use this platform.” Renault has also always said that the schedule and profitability of its program were based on the assumption that it would remain only on board.
Source: BFM TV
