Ghosn Sees European Market Fall Further, But "Zero Chance" For Bailout
European auto sales likely will fall 8 percent this year, Renault/Nissan CEO Carlos Ghosn told Reuters today in Paris. Should some industry leaders be hoping for government help, then Ghosn has bad news for them. There is “zero chance” for a government-led restructuring of Europe’s auto industry. ” Every company is going to have to deal with its own problems,” Ghosn said.
On the Nissan side, the tensions between China and Japan are “bad news in the short term” for Nissan’s sales in China, said Ghosn. “We’re watching carefully the situation, and we’re adjusting our production.”
TTAC was not invited to go to Paris, but we bribed a security guard at Renault to take some candid iPhone shots.
Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.
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i didn't know Nissan hired Mr.Bean as CEO
Can we get more pics of Ghosn waving his hands around???
"There is 'zero chance' for a government-led restructuring of Europe’s auto industry. 'Every company is going to have to deal with its own problems'.” Man... Imagine if our great leader took that approach a couple years ago. Where would our ecomomy be? Where would our auto industry be? Probably missing a few models and raised demand, but overall still present and producing. I think a lot of things could be learned from someone who sticks by their convictions and does what they knows is right by people... rather than what's "best for business". Business always has and always SHOULD be "survival of the fittest". Its just the natural order of things.