Ghosn Expects Renault-Nissan to Become World's Largest Automaker This Summer

Since acquiring Mitsubishi in 2016, the Renault-Nissan Alliance has found itself in the midst of Volkswagen and Toyota’s struggle for the title of World’s Largest Automaker.

At the end of 2016, VW was still on top but momentarily ceded ground as Toyota amped up volume in early 2017. Compared to last year, the Germans saw sales fall a half-percent in the first quarter of 2017 as the Japanese companies recorded more stable growth. But CEO extraordinaire Carlos Ghosn believes Renault-Nissan has what it takes to fill the top spot before the end of the summer.

While it would be a privilege to tell you that Ghosn entered a darkened room illuminated by a single spotlight to announce the time for the Alliance to crush its enemies was now, the reality was far more tame. The shareholders meeting was adequately lit and Carlos stated, without malice, that becoming the world’s largest automotive superpower is more of an inevitable accident than an intentional conquest.

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Is Mitsubishi the Next Eagle? Nissan Ponders Joint Dealerships, Rebadged Renaults

With Carlos Ghosn out as Nissan’s chief executive, Hiroto Saikawa has some well broken-in shoes to fill as the brand’s new CEO. Only ten days into the job, Saikawa says he doesn’t want to stray too far from groundwork laid by his predecessor. However, both men face an interesting problem in deciding what should be done with Mitsubishi.

Ghosn loves a fixer-upper and has already decided to dedicate much of his time to bringing Mitsubishi back from the brink, now that it’s part of the Renault–Nissan Alliance. He managed to help Nissan out of its decade-long slump in the early 2000s, so perhaps he can do the same for Mitsubishi now. However, according to Saikawa, that’s going to involve carefully assimilating the struggling automaker into the greater alliance.

That could mean taking Mitsubishi by the hand and offering it European models wearing the three-diamond emblem.

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I'm (Not) Your Man: Carlos Ghosn Steps Down as Nissan CEO, Plans to Focus on Alliance

Carlos Ghosn, the aggressive figurehead who brought a nosediving Nissan back from the brink, is stepping down as CEO after 16 years on the job.

The industry titan will remain CEO of Renault, where he staged a similar turnaround, and will continue to serve as chairman of Nissan, Renault and lowly Mitsubishi — the latter company being added to the alliance last year. Apparently, the decision to step down was prompted by Mitsubishi’s deeply-ingrained woes. In order to work some Nissan-style magic on the struggling automaker, Ghosn needed to hand over the reins.

Meanwhile, a man who stuck with Nissan for 40 years has seen his loyalty pay off.

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Infiniti-Mercedes Partnership Appears Dead in the Water, But Nissan CEO Denies It

After a report appeared claiming that Nissan is scrapping a joint development effort with Mercedes-Benz, the Japanese automaker’s CEO says the two partners haven’t split up.

Japan’s second-largest carmaker and Germany’s oldest made an agreement in 2010 to share engines and platforms for Infiniti and several compact Mercedes-Benz models. A new platform is planned for a cooperative factory in Mexico opening this year, and a decision to back out would throw a wrench into the future of the $1 billion plant

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Ghosn Puts on Third 'Mr. Chairman' Hat as Nissan Officially Takes Control of Mitsubishi

Mitsubishi has officially tied the knot with its savior, making Renault-Nissan chairman Carlos Ghosn the only automotive executive in the world (and possibly the galaxy) to head three companies.

The $2.29 billion deal gives Ghosn’s Renault-Nissan alliance a 34 percent controlling stake in Mitsubishi — a financial lifeline for the struggling, scandal-plagued automaker. Already, the company’s new chairman (and demoted former chair) have big, big plans for the Mirage maker.

Nissan-sized plans.

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Ghosn: 'Massive' Plans for Mitsubishi-Nissan Alliance in US

Carlos Ghosn, the synergizing executive that Sergio Marchionne only wishes he could be, isn’t mincing words when it comes to Nissan’s plans for fledgling automaker Mitsubishi.

According to the Renault-Nissan top boss, the deal between Nissan and Mitsubishi is “massive.”

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Renault Finds a New Partner to Help Boost Sales: Iran

Few good news stories seem to originate in Iran, but Renault wouldn’t agree.

The French automaker has inked a deal with the government of Iran to massively boost vehicle production in the middle eastern country.

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Nissan-Renault CEO is Ghosn, Ghosn, Gone From AvtoVAZ Board

The Russian automaker that manufactures Lada vehicles won’t see Carlos Ghosn at its board meetings after this June.

The Renault-Nissan CEO and chairman is expected to be replaced as chairman of AvtoVAZ at the company’s June 23 shareholders meeting, the automaker has stated, with Dr. Serguey Skvortsov taking his place.

Ghosn remains the chairman of Alliance Rostec Auto BV, the holding company that controls AvtoVAZ. Renault-Nissan bought a majority stake in the company, which is a joint venture with Russian Technologies, in 2012.

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TTAC News Round-up: America Slams the Brakes on Efficiency, Bonuses at Volkswagen, and Google Hires a Dream Team

Gasoline is gloriously cheap and the automotive industry is taking a break from the tiresome “more mpg” game.

That, Christmas comes early for Volkswagen employees, Carlos Ghosn has a plan to save big bucks, Google is luring more humans and Bentley can’t build enough SUVs for the “you call this caviar?!” crowd … after the break!

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Report: Nissan, French Government Strike Deal in Renault Spat

Nissan and the French government struck a deal Friday to end a dispute over how much influence the state has over the carmaking alliance between the Japanese automaker and Renault, according to Renault.

The French government will cap its voting rights between 17.9 percent and 20 percent in non-strategic shareholder decisions, and will preclude “interference” by the government in Nissan by Renault. Renault, which is partially state-owned, is Nissan’s largest shareholder.

Earlier this year, France passed a law that would have given the government increased voting rights in the alliance, perhaps in an attempt to forge a stronger partnership between the two automakers.

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Renault-Nissan Alliance At Crossroads Over Voting Stakes, Power

The battle between Nissan and the French government over the former’s voting stake in the Renault-Nissan Alliance continues on.

This month, after temporarily raising its stake to 19.7 percent, the French government cut back its stake to around 15 percent, which is still enough voting power under the Florange Law to block anything it didn’t like from Nissan and its allies during shareholder meetings.

However, second-in-command at Nissan, Chief Competitive Officer Hiroto Saikawa, expressed it wasn’t enough to go back to “the situation of seven months ago,” desiring “a better balance between the two companies,” a source told Reuters.

Instead, Nissan responded to the draw-down with a proposal establishing a “better-balanced” 25-percent/35-percent crossed shareholding, with Nissan finally having a say after 16 years of merely owning a piece of the company which rescued it from death back in 1999.

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Renault-Nissan's Carlos Ghosn Banks $16M In 2014

Renault-Nissan CEO Carlos Ghosn did well for himself in 2014, banking around $16 million in compensation compared to the salaries of other automotive CEOs.

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Renault Kwid Unveiled, Ready To Battle Maruti Suzuki Alto In India

As the Datsun brand stumbles in India, Renault-Nissan unveiled the Kwid Wednesday to take on the challenge of beating the best-selling Maruti Suzuki Alto.

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Further Renault-Nissan Integration Blocked By French Government In Power Play

An attempt to bring further integration within Renault-Nissan resulted in the French government tightening its hold on Renault against CEO Carlos Ghosn.

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Ghosn: One-Third Of Russia's Auto Market Will Vanish Under Recession

Renault-Nissan CEO Carlos Ghosn warned Monday that Russia’s auto market will lose a third of itself under the nation’s recession.

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  • Wolfwagen Is it me or have auto shows just turned to meh? To me, there isn't much excitement anymore. it's like we have hit a second malaise era. Every new vehicle is some cookie-cutter CUV. No cutting-edge designs. No talk of any great powertrains, or technological achievements. It's sort of expected with the push to EVs but there is no news on that front either. No new battery tech, no new charging tech. Nothing.
  • CanadaCraig You can just imagine how quickly the tires are going to wear out on a 5,800 lbs AWD 2024 Dodge Charger.
  • Luke42 I tried FSD for a month in December 2022 on my Model Y and wasn’t impressed.The building-blocks were amazing but sum of the all of those amazing parts was about as useful as Honda Sensing in terms of reducing the driver’s workload.I have a list of fixes I need to see in Autopilot before I blow another $200 renting FSD. But I will try it for free for a month.I would love it if FSD v12 lived up to the hype and my mind were changed. But I have no reason to believe I might be wrong at this point, based on the reviews I’ve read so far. [shrug]. I’m sure I’ll have more to say about it once I get to test it.
  • FormerFF We bought three new and one used car last year, so we won't be visiting any showrooms this year unless a meteor hits one of them. Sorry to hear that Mini has terminated the manual transmission, a Mini could be a fun car to drive with a stick.It appears that 2025 is going to see a significant decrease in the number of models that can be had with a stick. The used car we bought is a Mk 7 GTI with a six speed manual, and my younger daughter and I are enjoying it quite a lot. We'll be hanging on to it for many years.
  • Oberkanone Where is the value here? Magna is assembling the vehicles. The IP is not novel. Just buy the IP at bankruptcy stage for next to nothing.