Carlos Ghosn

HANS GREIMEL

EV nor not? Nissan tiptoes around Le Mans question

8:08 am U.S. ET | Feb. 26, 2013
Nissan just announced it will return to the 24 Hours of Le Mans endurance race with a car sporting the brand's signature “electric powertrain.” But is it really a pure electric vehicle, such as the Leaf -- boasting the technology Nissan has staked its reputation on?... Read More »

 

Nissan profits dented by China slump, lagging sales of key U.S. models

Feb. 8, 2013 10:34 CET
Nissan reported a 35-percent drop in third-quarter profit after sales tumbled in China and new models trailed rivals in the United States.... Read More »

 

Nissan profits dented by China slump, lagging sales of key U.S. models

4:34 am U.S. ET | Feb. 8, 2013
Nissan reported a 35-percent drop in third-quarter profit after sales tumbled in China and new models trailed rivals in the United States. Net income fell to 54.1 billion yen ($581 million) in the three months ended Dec. 31, from 82.7 billion yen a year earlier, Nissan said today. The results illustrate how a territorial dispute between China and Japan is overshadowing the benefits from a weaker yen for Nissan.... Read More »

 

Ghosn sees long European slump unless region gets competitive

Jan. 30, 2013 12:45 CET
Renault CEO Carlos Ghosn said the European auto market won't recover before 2020 unless governments take action to make their economies competitive.... Read More »

 

Cutbacks at PSA and Renault meet growing resistance

Jan. 30, 2013 06:01 CET
Labor tensions at France's automakers took a turn for the worse as Renault workers protested over planned cuts and PSA/Peugeot-Citroen's restructuring plan hit a legal setback.... Read More »

 

Ghosn: Nissan's market share loss was a 'hiccup'

10:43 am U.S. ET | Jan. 15, 2013
Nissan North America’s dip in market share last year was bad news for CEO Carlos Ghosn -- but no cause to rethink his ambitious growth goal. Ghosn assured reporters Monday at the Detroit auto show that Nissan still is determined to obtain 10 percent of the U.S. market by the end of his “Power 88” business plan in fiscal 2016.... Read More »

 

Ghosn presses Japan's new prime minister to weaken yen, mend China ties

10:34 am U.S. ET | Dec. 31, 2012
Don't count Nissan President Carlos Ghosn among those impressed with new Japanese Prime Minister Shinzo Abe's ability to weaken the yen against all major global currencies. Ghosn's dissatisfaction with the exchange rate, echoed by Toyota Motor Corp. President Akio Toyoda, underscores the frustrations of manufacturers in a country where the yen surged almost 40 percent over four years to a postwar high in 2011.... Read More »

 

Nissan's U.S. battery plant begins lithium-ion pack output for Leaf EV

6:34 pm U.S. ET | Dec. 12, 2012
Nissan, aiming to be the world's largest seller of electric vehicles, said its Tennessee battery plant has begun producing lithium ion packs for the company's rechargeable Leaf, two years after the hatchback went on sale.... Read More »

 

Renault counts on Alpine to help turnaround

Dec. 4, 2012 07:34 CET
Renault, which is losing sales faster than any other major European carmaker, is pinning a turnaround in part on the revival of a sports car brand that's been dormant for almost two decades.... Read More »

 

2012 LOS ANGELES AUTO SHOW

Fiat bets on 500e to challenge Nissan's Leaf

9:34 am U.S. ET | Nov. 28, 2012
Chrysler-Fiat CEO Sergio Marchionne is no champion of electric vehicles. But if he must produce one to appease California regulators, he won't mess with an Italian icon. After returning to the U.S. with its 500 subcompact in 2010, Fiat introduced an electric version at the Los Angeles Auto Show today. Chrysler Group will begin selling the battery-powered 500e next year.... Read More »

 

Renault eyes Tata Nano rival, report says

Nov. 21, 2012 10:06 CET
Renault aims to grow its market share in emerging markets with the launch of two low-cost vehicles, one of which would challenge the Tata Nano in India, a French news Web site reported. The two models, priced at 3,000 euros and 5,000 euros ($3,800 and $6,400), will be less expensive than models from the automaker's budget Dacia brand.... Read More »

 

LINDSAY CHAPPELL

Mexico, Mexico, Mexico… or maybe not

10:58 am U.S. ET | Nov. 20, 2012
Nissan CEO Carlos Ghosn reveals that, even as his company is building new North American factory capacity, it will run out of room again by 2017 and will need to build still another plant here. By itself, that shouldn't come as a surprise given the sales momentum generated by Nissan dealers the past few years. What is surprising is the way Ghosn characterized his options.... Read More »

 

LINDSAY CHAPPELL

With Ghosn and Leaf, Kevin Costner's 'Tin Cup' comes to mind

12:01 am U.S. ET | Nov. 17, 2012
Hearing Nissan CEO Carlos Ghosn acknowledge that Nissan will not sell 20,000 electric Leafs in America this year, despite his unfailing assurances otherwise for the past year, I couldn't help remembering the old Kevin Costner golfing movie Tin Cup.... Read More »

 

Ghosn puts Mexico in the mix for Nissan’s next North America plant

9:31 am U.S. ET | Nov. 15, 2012
Nissan Motor, Mexico’s largest automaker, will consider the country along with the U.S. for a new North American factory to meet demand in both nations, CEO Carlos Ghosn said on Wednesday.... Read More »

 

TALK FROM THE TOP: CARLOS GHOSN, CEO, NISSAN MOTOR CO.

Ghosn charges ahead on Nissan's market share, EV goals

12:01 am U.S. ET | Nov. 12, 2012
Nissan Motor Co. CEO Carlos Ghosn is chasing ambitious goals under his current business plan: a 10 percent market share in the United States and 8 percent globally by 2017. But things aren't going as planned. The company's U.S. market share hovered at just 7.9 percent for the first 10 months of 2012, down from 8.2 percent in all of 2011. Also, Nissan's bet on electric vehicles seems to be losing momentum.... Read More »

 

Ghosn: We need another N.A. plant

12:01 am U.S. ET | Nov. 5, 2012
Nissan Motor Co. CEO Carlos Ghosn says the company will need another assembly plant in North America within five years -- after it reaches his goal of taking 10 percent of the U.S. market.... Read More »

 

FINAL ASSEMBLY

Ghosn: The fiscal cliff is our 'big gorilla'

12:01 am U.S. ET | Nov. 5, 2012
Is there a chance the financial crisis in Europe, or the slowdown in China, could spill over into North America? "If it exists, it's not significant," Renault-Nissan CEO Carlos Ghosn told Automotive News.... Read More »

 

Ghosn: U.S. fiscal cliff a 'big gorilla' chilling sales growth

11:54 am U.S. ET | Oct. 30, 2012
Nissan CEO Carlos Ghosn warned today that uncertainty surrounding the U.S. fiscal cliff is a “big gorilla” that threatens to slow U.S. auto sales growth next year. The fundamentals of the U.S. economy are strong and the rebound in the U.S. auto market is solid, Ghosn said. But concern about the government's deficit is casting a chill on the outlook.... Read More »

 

GLOBAL MONTHLY

Automakers target Europe plant closures to stop the bleeding

Oct. 22, 2012 06:01 CET
With Europe in the midst of a five-year sales slump that is not forecast to end until 2015 at the earliest, volume automakers are taking dramatic steps to stop bleeding cash. This has put thousands of jobs and nearly a half dozen plants at risk, but that is the price some automakers will have to pay if they want to survive.... Read More »

 

Fight for survival in Europe

12:01 am U.S. ET | Oct. 22, 2012
With Europe in the midst of a five-year sales slump that is not forecast to end until 2015 at the earliest, automakers are taking dramatic steps to stop bleeding cash. This has put thousands of jobs and nearly a half dozen plants at risk, but that is the price some automakers will have to pay if they want to survive.... Read More »

 

ANE EXECUTIVE EDITION

Renault COO wants automaker to do more with less to cope with Europe decline

Oct. 17, 2012 06:01 CET
Renault Chief Operating Officer Carlos Tavares wants his employees to view the automaker as a family business because that way they will think twice before spending money foolishly. Since volatility is the new normal, Tavares says that everyone needs to do more with fewer financial and human resources. Tavares discussed these topics and more with Automotive News Europe Editor-in-Chief Luca Ciferri.... Read More »

 

Renault-Nissan alliance aims to double cost savings by 2016

Oct. 16, 2012 06:01 CET
Renault and Nissan said they aim to double annual cost savings from their alliance within four years, while denying a Reuters report that they're reviewing their cross-shareholdings. "We have an internal goal of 4 billion euros ($5.2 billion) in synergies in 2016," Rachel Konrad, an alliance spokeswoman, said Monday by e-mail. "We expect more every year."... Read More »

 

2012 Eurostars

12:01 am U.S. ET | Oct. 15, 2012
The 2012 Automotive News Europe Eurostars distinguished themselves through their ability to beat expectations and their willingness to take risks to make their companies better. The 14 Eurostars were chosen by the editors of Automotive News Europe and were honored at a ceremony in Paris last month sponsored by PwC and Siemens.... Read More »

 

2012 PARIS AUTO SHOW

Daimler, Renault-Nissan to develop engine, transmission technology

9:39 am U.S. ET | Sept. 28, 2012
Daimler and Renault-Nissan will jointly develop a turbocharged, direct-injection gasoline engine and will share transmission technology as the two companies expand their collaboration.... Read More »

 

Ghosn sees long recovery for automakers in Europe, but rules out 'Armageddon'

Sept. 13, 2012 07:04 CET
Renault-Nissan CEO Carlos Ghosn said he expects Europe's auto industry to take many years to recover from shrinking demand and excess capacity. But while Europe faces overcapacity, the region "will not see any kind of Armageddon," he said.... Read More »