By Richard Chen on May 13, 2008

cube.jpgIn a direct homage to Glorious Communist Plans of Stalin and Mao, Nissan CEO Carlos Ghosn has announced his employer's latest five-year plan. The New York Times reveals the catchy name: GT 2012 (G for Growth, T for Trust). Trust? "In our industry, the companies that are performing best are the ones that have established a high level of trust with the different stakeholders.” So no American Axle, Plastech troubles for them, then. Anyway, amongst Carlos' goals: improved quality control, expansion of the Infiniti lineup into Europe, mo' and mo' better entry level cars , increased sales in the BRIC and Middle East, and something about profit (per-share dividend of 42 yen for '09'10, the rest TBA). Oh, and electric vehicles in the U.S. market within two years (yes 2010) and globally ever after. Just remember: they chose to do it. "Nissan decided to accelerate  development of battery-powered vehicles because of high gasoline prices and environmental concerns, not just because of the need to meet stricter fuel-economy standards." The conflict being? And in a dig at another electric vehicle, Carlos proclaims "We're not interested in some Stars Wars prototype." Tough talk for a man who says "“We’re talking about hundreds of [electric] vehicles first."

6 Comments on “Renault/Nissan CEO Carlos Ghosn has a Plan! Again!...”


  • Cammy Corrigan
    Cammy Corrigan

    Considering this is a man whose “great” ideas of late has been to relocate Nissan’s design team from California to Tennessee and losing a load of talent in the process AND to rubbish hybrids as a “fad” and that he felt “smug” that they weren’t selling too well (despite sales figures rocketing and still climbing proving him wrong) I’ll take his new plan with a pinch of salt.

    Mind you, he might want to accelerate his plan a little due to this crumb of news…..

  • menno

    I would definitely consider a suitably useable electric Nissan for my commute here in Michigan if Nissan is smart enough to price it where I could afford it.

    The Prius would remain in the fleet. I don’t know what we’d do for towing our little pop-up, but I suppose we could swap our Prius with a buddy’s Honda CRV on weekends we want to camp.

    Alternately, I could get an older Mercedes diesel car for $3000-4000 and tow with it/take it to classic car shows occasionally.

  • Stingray

    Hybrids ARE a fad, so yes I agree with Mr Ghosn. A good diesel gets better fuel economy and is simpler. And now they’re cleaner than ever. Just ask the europeans.

    Uh I forgot, diesels are not fancy or fashionable, oh well…

  • Cammy Corrigan
    Cammy Corrigan

    Diesels aren’t cleaner than a hybrid and they certainly aren’t a fad.

    Compare a Volkswagen Polo Bluemotion to a 2004 Toyota Prius and the Prius (pound for pound) is the far superior option.

  • Sayah
    musah

    Oh Yes Hybrids. I’m eagerly waiting for Land cruiser HYBRID. The diesel option we get is no good. Please Toyota

  • Michael Olan
    mikeolan

    @KatiePuckrick – Nissan just moved their headquarters, not their design/engineering centers.

    @Stingray – Diesels are cleaner now than diesels of the past, but they’re NOT as clean as a modern gasoline car. Making matters worse, Diesel fuel is a whopping 35% more per gallon here, and its price has escalated FASTER than gasoline.


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