PARIS (Reuters) -Incoming Renault CEO Francois Provost will take the helm of the French automaker at a time when it is beginning to show cracks in its recent success, revising down its full year profit forecast earlier this month due to weaker sales volumes.

Renault SA’s procurement chief Francois Provost has emerged as the frontrunner for the top job at the French automaker, according to people familiar with the matter.

PARIS (Reuters) -Renault procurement chief Francois Provost has emerged as the front-runner for the CEO job at the French automaker, Bloomberg reported on Tuesday, citing people familiar with the matter.