PARIS — Renault SA hires one of Volkswagen AG's star executives to replace Carlos Ghosn, who became chief operating officer of Nissan Motor Co. late last month. Pierre-Alain de Smedt, 55, will become the No. 2 executive at Renault, in charge of purchasing, manufacturing, future projects and South America. He was chairman of VW's Spanish subsidiary SEAT SA. De Smedt, like Ghosn, has a very broad background. He has worked for suppliers Solvay SA, Siemens AG and Robert Bosch AG, and at ...

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