Carlos GhosnAUTOMOTIVE NEWS EUROPE E-MAGAZINE As Renault slumps in Europe, Nissan's importance is increasingJune 12, 2013 06:01 CET More than two decades after Renault rescued Nissan from near-bankruptcy, the Japanese company is now helping its French partner as the euro-zone crisis weighs heavily on Renault's results. Last month, Nissan had contributed 433 million euros ($562 million) to the French carmaker's first-quarter earnings, underscoring the considerable benefit to Renault of its 43.4 percent stake in the larger and more profitable Japanese carmaker.... Read More »
Infiniti boss puts EV on hold, reduces sales expectationsJune 7, 2013 06:01 CET Infiniti's new boss is calling for new priorities. Less than a year into his job as president of Nissan Motor Co.'s premium marque, Johan de Nysschen is tempering expectations that Infiniti will nearly triple sales in four years.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Late-arriving French automakers hope China's love for French luxury brands will lead to sales boomJune 3, 2013 06:01 CET German automakers have long seen China as a key market. Now their late-arriving French rivals hope to catch up fast with help from the popularity of France's fashion brands.... Read More »
REALITY CHECK Infiniti boss puts EV on hold, reduces sales expectations 12:01 am U.S. ET | June 3, 2013 Infiniti's new boss is calling for new priorities. Less than a year into his job as president of Nissan Motor Co.'s premium marque, Johan de Nysschen is tempering expectations that Infiniti will nearly triple sales in four years.... Read More »
Nissan readies Datsun brand for IndiaMay 24, 2013 06:01 CET Nissan will introduce its first Datsun model in India by March 2014 as the carmaker offers cheaper vehicles in a push for a fivefold increase in its share of Asia's third-biggest auto market. CEO Carlos Ghosn revived the brand to widen Nissan's appeal to customers in countries such as India, Russia and Indonesia.... Read More »
Infiniti to add new halo car, more crossoversMay 14, 2013 13:11 CET Nissan's premium Infiniti marque plans to add a new top-tier halo nameplate above its Q70 flagship sedan and expand its crossover offerings to build the brand and fuel sales, President Johan de Nysschen said.... Read More »
Infiniti to add new halo car, more crossovers 7:11 am U.S. ET | May 14, 2013 Nissan's premium Infiniti marque plans to add a new top-tier halo nameplate above its Q70 flagship sedan and expand its crossover offerings to build the brand and fuel sales, President Johan de Nysschen said.... Read More »
Ghosn's demand: Double Nissan's U.S. sales 12:01 am U.S. ET | May 12, 2013 Meager U.S. growth was Carlos Ghosn's biggest disappointment last year, and Nissan's CEO has responded by giving his team a big order: Double the brand's sales by 2017.... Read More »
Ghosn sees more tough times in Europe; record global sales for NissanMay 10, 2013 13:35 CET Renault-Nissan CEO Carlos Ghosn said that while he expects Nissan's global retail sales to reach a record this year, he doesn't see any growth in Europe before 2016.... Read More »
Ghosn, Mulally revive touchy Japanese currency issueApril 2, 2013 06:01 CET A long-distance debate last week between two CEOs -- Ford's Alan Mulally and Renault-Nissan's Carlos Ghosn -- reignited a hot-button debate in the industry over the value of the Japanese yen. Is the weakening value of the yen giving the Japanese an unfair edge?... Read More »
YIN AND YANG OF YEN Mulally, Ghosn revive touchy Japanese currency issue 12:01 am U.S. ET | April 1, 2013 A long-distance debate last week between two CEOs -- Ford's Alan Mulally and Nissan-Renault's Carlos Ghosn -- reignited a hot-button debate in the industry over the value of the Japanese yen. Is the weakening value of the yen giving the Japanese an unfair edge?... Read More »
LUCA CIFERRI BMW needs to adapt its retirement policy to changing times 12:01 am U.S. ET | March 28, 2013 BMW plans to raise the mandatory retirement age for its top management to 62 from 60 but the company isn't going far enough if it wants to keep the expertise of long-serving executives.... Read More »
CHINA Renault awaiting China OK on production, Ghosn saysMarch 28, 2013 11:51 CET Renault CEO Carlos Ghosn says plans by the automaker to begin car production in China are awaiting final approval from the local authorities. Renault has signed a framework deal with Dongfeng Motor to build up to 300,000 cars annually in the country.... Read More »
CHINA Nissan delays China growth plan by one yearMarch 28, 2013 12:35 CET Nissan has delayed its plan to get a 10 percent market share in China by one year, after political friction between China and Japan upset sales. Nissan chief Carlos Ghosn says he is now giving the carmaker until 2017 to hit its goal, instead of 2016. Nissan currently accounts for between 6.5 percent and 7 percent of market share in the country.... Read More »
VW says U.S. workers to decide if they wish to unionizeMarch 28, 2013 10:18 CET Volkswagen of America says workers at its Chattanooga plant in Tennessee will have the chance to decide whether they want to unionize and expects them to have a ''strong voice'' in operations at the factory.... Read More »
Nissan expects Leaf to set monthly U.S. sales record in March 3:40 pm U.S. ET | March 27, 2013 The Nissan Leaf electric vehicle, a month after the company dropped its sticker price by $6,400, is on its way to setting a monthly United States sales record in March of more than 1,900 units, Nissan executives said today.... Read More »
Carlos Ghosn doubles down on $5.2 billion EV bet 12:01 am U.S. ET | March 23, 2013 Carlos Ghosn laid a $5 billion bet in 2009 that the world's next Ford Model T would be electric, and that Nissan would lead a revolution embraced by nations such as Denmark. Three years later, sales of Leaf plug-in vehicles in the Nordic country: 73.... Read More »
Infiniti picks former BMW exec to head EuropeMarch 22, 2013 13:16 CET Infiniti has appointed veteran premium brand executive Fintan Knight to lead the brand in Europe. Knight, 41, has 20 years experience working for automakers such as BMW, Audi and Lamborghini.... Read More »
ELECTRIC CARS Renault CEO Ghosn clings to China for electric car boostMarch 18, 2013 19:10 CET China will save the electric car, Renault-Nissan boss Carlos Ghosn predicts - and with it the vision of battery-powered motoring on which he has staked his credibility. Ghosn has invested a bigger share of his companies' cash into the technology than any other mass-market carmaker.... Read More »
Ghosn favors incentives to revive Europe car demandMarch 18, 2013 06:01 CET Renault CEO Carlos Ghosn supports scrapping incentives to mitigate falling demand for new cars in Europe, which is headed toward a sixth straight year of decline as austerity measures keep customers out of showrooms.... Read More »
Renault will build more cars for partners under union dealMarch 13, 2013 15:58 CET Renault will announce plans within months to build more vehicles for Daimler or alliance partner Nissan after reaching a new deal with unions. Renault said it would build 80,000 vehicles annually for the partner brands, helping safeguard French jobs as demand for new cars slumps in Europe.... Read More »
Nissan promotes purchasing exec Saikawa to chief competitive officer 9:40 am U.S. ET | March 11, 2013 Nissan Motor is elevating Executive Vice President Hiroto Saikawa to a newly created position of chief competitive officer that encompasses oversight of global manufacturing, supply chain management, r&d and customer satisfaction.... Read More »
NEWS ANALYSIS European auto execs see rebound next year at the earliestMarch 11, 2013 06:01 CET The struggling European auto industry will bounce back next year. Or maybe in 2016. Or maybe later. It depends on whom you talk to among the executives here coping with depressed sales and the uncertain government response to Europe's economic crisis.... Read More »
NEWS ANALYSIS Europe: Just how bad is it? 12:01 am U.S. ET | March 11, 2013 The struggling European auto industry will bounce back next year. Or maybe in 2016. Or maybe later. It depends on whom you talk to among the executives here coping with depressed sales and the uncertain government response to Europe's economic crisis.... Read More »
Automaker chiefs urge end to European austerityMarch 6, 2013 09:49 CET Automakers joined growing opposition to Europe's austerity measures. Renault CEO Carlos Ghosn urged government spending to revive the region's anemic sales, which he forecast won't recover for another three years.... Read More »
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Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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