At Renault, whatever happened to the business of just making cars?

During the past 12 months Renault has looked more like a soap opera than a carmaker. The French company served up an ill-tempered denouement last week when it sacked CEO Thierry Bollore, who said he was the victim of a “coup.”

Bollore only took the job in January after his predecessor Carlos Ghosn was arrested for alleged impropriety around his pay and resigned. Since then, Renault’s alliance with Nissan has been in turmoil and the French company’s cash flow and share price have skidded.

Renault compounded the dramatics earlier this by trying to merge with Fiat Chrysler Automobiles, only for the French state to torpedo the union.

These events have created a profound sense of drift at the manufacturer, for which Bollore and his chairman Jean-Dominique Senard are probably equally to blame.