Ghosn Sees No European Turn-Around Anytime Soon, Or Later
Nissan and Renault co-CEO Carlos Ghosn still sees a future in the electric car, it’s the European market that doesn’t have great prospects of a turn-around as far as Ghosn is concerned.
Inside The Industry: If It's So Hard For Infiniti To Come To Japan, How Easy Do You Expect It To Be For Other Brands?
“So would this new Infiniti Q50 be the new JDM Nissan Skyline?” asked TTAC commenter luvmyv8. One of the benefits of having a TTAC editor on the other side of the globe, as opposed to in a basement in Peoria, is that we can get first-hand answers to luvmyv8, straight from Nissan’s and Infiniti’s top men.
Renault-Nissan: The Giant That Wants To Be Small
Carlos Ghosn Sees No European Growth For Years. There Will Be Even Less After That
Nissan-Renault CEO Carlos Ghosn said today that he does not expect any sales growth in Europe over the next three to four years. He is not giving up on growth, and said that most will come from higher demand in the United States and China, Reuters reports.
Ghosn: Renault May Have To Leave France
Renault chief Carlos Ghosn said in a radio interview with RTL that his company could leave France if it is unable to compete at home. Asked if Renault could disappear, Ghosn said: “In its current form, yes.”
Daimler-Renault-Nissan Alliance Gets Results, GM-PSA Doesn't
TTAC readers who followed our past reporting on the developing relationship between Daimler and the Renault/Nissan Alliance will not be surprised in hearing what Carlos Ghosn and Dieter Zetsche told the press today. If you think you’ve heard it all before, you are right. You did here.
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.
Renault "Not Dying, Unlike Some Others On The Ward"
If you look at half year sales in Europe, then you see Renault as the worst performer of the volume makers. With EU sales down 17.09 percent, the Renault Group took a bigger hit than European patients Opel (- 15 percent) and PSA (-13.9 percent). Even troubled Fiat was doing better than Renault, by a hair (-17.08 percent for Fiat.) Whereas the percentages carry the smell of death, Renault’s half year results smell downright rosy.
Her Master's Voice: Carlos Ghosn's Japanese Alter Ego
“I am following him everywhere, except into the rest room.” For nearly twelve years, interpreter Yuki Morimoto has been Nissan CEO Carlos Ghosn’s adapter to the Japanese world. The lady is a miracle. She simultaneously translates Ghosn’s high-speed stream of wit and Gallic sarcasm into Japanese, and translates Japanese back into perfect English. Morimoto is so in tune with Ghosn that she sometimes finishes his sentences before him – in Japanese.
Quotations From Chairman Carlos Ghosn
Ford wanted to hire Carlos Ghosn instead of Mulally. Ghosn said no. Kerkorian wanted Ghosn to save GM, Wagoner prevented it. For you, dear TTAC reader, Carlos Ghosn is available.
Chief of Nissan and Renault, Ghosn is the ultimate rock star of the industry. He is the master of the unprepared remark. Any of his statements, delivered with French-Brazilian-Lebanese flair and his trademark gesticulations, is more profound than thousands of PowerPoints delivered by overpaid management consultants. Today, absolutely free of charge, Carlos Ghosn lets us in on the secrets of running a successful car company.
Nissan Largest Japanese Carmaker. In Profits
Nissan pulled off an even bigger miracle than Toyota and ended a (this time truly) catastrophic year with a big profit. Today in Yokohama, Nissan CEO Carlos Ghosn announced that Nissan delivered a pre-tax profit of 535.1 billion yen (US $6.76 billion) for the fiscal year that ended on March 31, “despite natural disasters and currency exchange headwinds.”
Nissan's Ghosn Worried About Power. The Power Of The Yen
With the closure of Japan’s last operating nuclear power plant hitting the news over the weekend, people asked me what that means for Japan’s auto industry. My answer: Nothing. The shutdown of the first nukes on March 11 a year ago was much more dangerous than the long scheduled downing of the last. Nissan’s Carlos Ghosn sees a much bigger danger: the power of the yen. The high yen at the currency exchange. And higher yen numbers on the electricity bill.
Ghosn's Two Front China Offensive
The Nikkei [sub] must have been having intimate chats with sources high up in Nissan’s tower at the Yokohama waterfront again.
Prematurely perturbing press people at Nissan, the Tokyo wire reports that a new factory will be constructed in China, and that Infiniti cars will be built at yet another factory in China. In the meantime, Reuters cultivated sources at Renault and says that Renault will finally finalize a deal to produce cars in China.
New York 2012: Mr. Eight Percent
A year ago, Carlos Ghosn announced that Nissan is aiming for 8 percent global market share by 2016. This morning in New York, delivering the keynote address at the New York Auto Show, Ghosn said it again:
“We can achieve 8 percent global market share by 2016.”
After a pause, he continued: “Whenever I state this 8 percent goal, I get some skeptical looks.”
Ghosn: Beware Of A Drop In Europe
Renault and Nissan chief Carlos Ghosn continues to prepare the battlefield of world opinion for a drop in Europe. According to Ghosn, Automobile sales in Europe could decline two to three percent. For Renault’s home market, he expects a drop of five to six percent, Ghosn said in an interview with France Inter radio: