(Il Sole 24 Ore Radiocor) - Milano, 16 giu - Shares of French auto maker Renault were sharply lower while those of French luxury group Kering were rallying following the announcement that Luca de Meo is leaving the CEO position in Renault next month with reports indicating that he will take on the same position at Kering.

At 0835 GMT, Renault shares were down 6.68% to 40.12 euros.

while Kering gained 9.70% to reach 189.32 euros.

(RADIOCOR) 16-06-25 10:46:18 (0194) 5 NNNN