Heinz-Jürgen Löw, President for Renault Trucks has decided to leave the Volvo Group. Bernard Modat, Renault Trucks Global Brand Senior Vice President, steps in as acting President for Renault Trucks until a replacer has been installed.
Renault Trucks announces the departure of Heinz-Jürgen Löw who is leaving his position at the head of the company at the end of November.
He tendered his resignation and has decided to continue his career with another company in Germany. While waiting for him to be replaced, Bernard Modat, currently Renault Trucks brand director worldwide, will act as interim President.
“The Volvo Group has great ambitions for Renault Trucks”, says Bernard Modat. “Huge investments have been made in product development and in the industrial footprint in the recent years”, he continues. As announced at the IAA show in September, Renault Trucks is preparing to launch a completely new truck range in the summer of 2013.
Further, the Volvo Group recently announced its plans to restructure the commercial organization with the ambition to improve service quality and service density by integrating the Volvo Trucks and the Renault Trucks networks in many European countries. This will generate improved customer satisfaction, grow sales and increase efficiency.
“We are now about to take the next giant step in in the history of Renault Trucks. We will make sure to find a replacer to Heinz Löw as fast as possible, to make sure that we do not lose momentum in this very dynamic phase for Renault Trucks and for all Renault Trucks’ customers and fans”, concludes Peter Karlsten, Executive Vice President EMEA, heading the Volvo Group’s truck division in Europe, Middle East and Africa.