Renault named Francois Provost as CEO on Wednesday, opting for a low-profile insider to steer the French carmaker through growing competition and weak demand that triggered a profit warning earlier this month.

Renault appoints Francois Provost as CEO after Luca de Meo’s exit, facing EV pressure, trade risks, and a $10.97B Nissan-related write-down.

Provost succeeds Luca de Meo, who resigned earlier this month during the Canadian Grand Prix in Montreal. He previously served