Luca de Meo is a self-proclaimed ‘car guy’ who turned Renault Group around and reinvented Alpine – so his abrupt departure for the world of luxury goods is a sign of headwinds coming for the car indus

LONDON (Reuters) -News of Renault Chief Executive Luca de Meo's decision to leave the French carmaker and subsequent reports of him being lined up to take charge at luxury goods group Kering has created a stir across their respective sectors. Here's some initial reaction from analysts.

Luca de Meo, a seasoned executive with more than three decades of experience in the automotive industry, is set to take the helm at Kering, the French multinational group renowned for its portfolio of luxury brands.