#CarlosGhosn

Carlos Ghosn was in India on Tuesday, juggling a lot of eggs and covering a lot of bases. The official reason for his visit was the opening of the new Renault-Nissan plant in Chennai, but Ghosn’s arrival set off a flurry of R-N related news in the Indian press.

Flirtation between Nissan and GM has a rich history, dating back to 2006, when the two firms nearly merged, in a move that would have left Nissan-Renault’s Carlos Ghosn in charge of French-Japanese-American juggernaut. GM fought off Ghosn’s advances (and a stockholder rebellion) to stay independent, but with a post-bankruptcy IPO now looming, Ghosn has once again appeared on GM’s horizon. In a bit of in-depth speculation at Dow Jones Investment Banker [via the WSJ [sub]] Jamie Miyazaki and Alessandro Pasetti break down the pros and cons of a Renault-Nissan hookup with GM. Their conclusions: although, Renault is currently playing footsie with Daimler:

Over the long haul, looking west to General Motors in the U.S. could prove more fruitful for Renault than strengthening partnerships in Europe’s saturated market. Taking an equity stake in a reborn, and eventually relisted, GM would give the Renault-Nissan alliance exposure to the U.S. auto giant’s diverse geographic presence… GM [has] shifted about 37% of its total 2009 sales in Asia, South America and Eastern Europe, according to J.D. Power & Associates data. Throw in GM’s plans to ramp up its Indian operations and its large presence in the Brazilian market, where Renault is investing to roughly double its market share to 10%, and the Detroit giant’s allure is obvious.

Paging Captain Kirk!

Money Control reports that the French government threatened to increase its stake in Renault from 15.01% to 20%. Not because it believes in the company and its products (would you trust a Renault Megane over a Honda Civic or Toyota Auris?), but to further exert control over Renault. Why would it want to do that? Well, that could probably have something to do with the French government’s invite to Carlos Ghosn for a little “sitdown” over the rumours that Renault may produce its new generation of Clio in Turkey, rather than its plant in Flins, France, where the current generation is built.

Battery electric vehicles are widely seen as the most promising long-term automotive greentech, but they’re also hardly poised to take over the industry. A host of issues are keeping EVs out of mainstream acceptance, ranging from battery capacity issues to the lack of a charging infrastructure. For a group of electric transportation-sector businesses though (including Nissan, which is heavily hyping its Leaf EV), it’s nothing $124b in government support won’t fix. A press release on the Electrification Coalition’s “Roadmap” explains:

The Electrification Roadmap presents a bold and specific vision: By 2040, 75 percent of light-duty vehicle miles traveled in the United States should be electric miles. As a result, oil consumption in the light-duty fleet would be reduced by more than 75 percent, and U.S. crude oil imports could effectively be reduced to zero… “It is absolutely crucial that all of the key elements of an electrified transportation system are introduced in a highly coordinated fashion and in a way that is effective, affordable, and appealing to actual American consumers,” [David Crane, President of NRG Energy] said. “Introducing all of the separate elements, from cars to infrastructure, simultaneously in select communities across the country will move electrification beyond the early adopters; policymakers will witness the national benefit derived from a new kind of transportation system while consumers will benefit firsthand from a new kind of driving experience.”