Renault Samsung announced late last week that it has appointed its new chief executive officer. The South Korean car manufacturer headquartered in Busan named Renault Group's former program director Stephane Deblaise as its new chief who will be leading the business operations in S. Korea.
According to The Korea Herald, before his assignment to a new role at Renault Samsung, Deblaise worked for the French car manufacturer's advanced projects and crossover vehicle line. He is expected to take over on March 1.
It was said that the 49-year-old will be the first CEO of Renault Samsung, who has a background in engineering. Back at the Renault headquarters in France, he also worked as the automobile manufacturing company's chief engineer who supervise the entry program in the U.S. Deblaise led the product and corporate planning team in China as well as the programs' vice president.
With his new role at Renault Samsung, he is expected to lead and work on successfully introducing eco-friendly vehicles to the local market. The company believes that with his experience and expertise in leading project launches in other markets such as China, Brazil, and France, he will be able to do the same thing in Korea.
Stephane Deblaise will be taking over the CEO role at Samsung Renault Motors from Dominique Signora. The outgoing chief was said to have led the production of the brand's XM3 compact SUV at the Busan plant. The vehicle units are for export to Europe.
Pulse News further reported that Deblaise will also be in charge of the development of the new vehicle lineup running on the modular architecture (CMA), a midsize unibody automobile platform that was jointly developed by Volvo and Geely. Renault Group partnered with China's Geely Holdings to build new eco-friendly vehicles at the company's plant in Busan from 2024.
"Renault Samsung Motors expects Debalise to contribute in developing new eco-friendly vehicles based on Volvo's CMA platform, which was announced recently," Korea Joongang Daily quoted Renault Samsung Motors as saying in a press release.
Finally, as Renault Samsung Motors welcomes Stephane Deblaise, it also expressed its gratitude to Dominique Signora who served the company as CEO for four years.


European Stocks Rise as Markets Await Key U.S. Inflation Data
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 



