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Posts Tagged ‘Carlos Ghosn’

Nissan Uncovers 2016 Altima

CEO Ghosn takes new sedan to the streets of New York.

by on Sep.22, 2015

CEO Carlos Ghosn takes the 2016 Nissan Altima on a tour of the Big Apple.

Rather than climb up on stage at last week’s Frankfurt Motor Show, Nissan CEO Carlos Ghosn apparently wanted to keep the world waiting another week before getting a glimpse of the 2016 Altima makeover.

Instead, Ghosn spent the morning crawling through traffic to get to a series of business meetings in what has become one of the midsize market’s best-sellers. And after consecutive years of one-upping itself, Nissan hopes to do it again with the refreshed sedan.

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The 2016 Nissan Altima adopts some of the new styling cues we first saw on the redesigned Maxima earlier this year, adding optional LED headlamps and other changes to both the front and rear. The 2.5-liter engine now gets 39 mpg, making it among the best in its class. And there are new connectivity upgrades


Will You Even Recognize Your Car in the Near Future?

Plenty of “disrupters” about to transform what we drive.

by on Sep.18, 2015

Poster courtesy United Artists.

In the 1973 film, “Sleeper,” Woody Allen is revived after being frozen following a botched operation. To escape the inept police state trying to terminate him, he steals a car that looks like a bubble, with frosted windows and no steering wheel. He simply tells it where to go.

The comedy was supposed to take place 200 years from now but, at least when it comes to the car, it could just as well happen in little more than a decade from now. A recent concept vehicle from Mercedes-Benz, the F 015, can black out its windows, use voice commands to safely drive automatically to a destination, and passengers can swivel their seats to turn the big sedan into a mobile living room.

Welcome to the Future!

At least, that’s the grand vision – but it’s creating nightmares for an auto industry facing tough new mileage, emissions and safety regulations and the need to invest tens of billions of dollars in new and largely untested technologies. And traditional automakers face the threat of new and well-funded challengers, such as Tesla, Google and Apple.


Daimler, Renault/Nissan Could be Open to Alliance with Fiat Chrysler

Six years in, Daimler and Renault/Nissan continue to expand their partnership.

by on Sep.16, 2015

Daimler's Dieter Zetsche and Renault/Nissan's Carlos Ghosn brief reporters on their growing alliance during a meeting in Frankfurt.

Increasingly frustrated in his bid to merger with General Motors, Fiat Chrysler Automobiles CEO Sergio Marchionne might consider an alternative in his bid for better economies of scale.

At a media briefing called to discuss the results of their own, six-year partnership, Daimler AG Chief Executive Dieter Zetsche and Renault/Nissan CEO Carlos Ghosn said they would be open to the possibilities of adding FCA to their successful alliance.

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“Any single opportunity we have in front of us…we will entertain,” said Renault/Nissan’s Ghosn.


Nissan Holding Course on Autonomous, Electric Vehicles, Says CEO Ghosn

Chief exec warns of “disruptors” that could transform the auto industry.

by on Sep.15, 2015

Autonomous vehicle technology will reach the market in "waves," says Nissan CEO Ghosn.

Japanese automaker Nissan has no intention of backing down on either its plans to sell electric vehicles or its push to be one of, if not the, first automaker to have a fully autonomous vehicle on the market, CEO Carlos Ghosn said during a Frankfurt Motor Show meeting with reporters.

Nissan was the first automaker to go mainstream with a pure battery-electric vehicle, or BEV, the Leaf. And it is pushing to have a fully autonomous vehicle in production by 2020, with a series of less advanced technologies coming out in “waves,” said Ghosn, over the next five years.

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Autonomous technology “won’t come all of a sudden,” stressed the Brazilian-born executive. “We will have waves” of more and more capable systems starting next year.


EVs Going Mainstream, Insists Renault-Nissan’s Ghosn

Exec promises new, extended-range battery cars coming later this year.

by on Jul.07, 2015

Sales of the Nissan Leaf have slowed by about 23% in the U.S. so far this year.

Despite recent struggles in the market, battery-electric vehicles are going “mainstream ,” or so says Carlos Ghosn, CEO of the Renault-Nissan Alliance – which just happens to produce the world’s best-selling EV, the Nissan Leaf.

That optimism might not be shared by everyone. With gas prices in a slump – and expected to dip even further – sales of battery-based vehicles have taken a sharp tumble this year. The Leaf itself was down 23% in the U.S. for the first half of 2013. But in a commentary on LinkedIn, Ghosn suggested the setback is temporary.

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And he predicted demand will get a boost with the launch of longer-range electric vehicles such as the ones Renault-Nissan plans to introduce later this year.

“From the start, we set lofty goals for the LEAF. While we fell short of our initial sales targets, I remain bullish on the future of EVs as they move into the mainstream,” Ghosn wrote.


Nissan Will Build Autonomous Vehicles by 2020 – But Will Laws be Ready?

New regulations needed to allow motorists to operate self-driving vehicles, warns CEO Ghosn.

by on May.18, 2015

Carlos Ghosn expects Nissan will begin building fully autonomous vehicles in 2020.

Nissan is on track to put its first fully autonomous vehicle into production in 2020, CEO Carlos Ghosn is confirming. But whether they actually can be driven on public roads will depend on government regulators.

Two years ago, the Japanese maker became the first car company to commit to putting self-driving technology into production. Since then, a number of manufacturers have announced similar plans. Several states, including Nevada, Michigan and California, have enacted laws allowing prototype testing, but experts say the lack of national rules could prevent the sale and use of the technology once production begins.

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“Our cars will be ready,” Nissan CEO Ghosn told reporters during a meeting at the company’s headquarters in Yokohama today. (more…)

Nissan Reports 17.6 Percent Profit Increase

Strong sales in North America, Western Europe aids results.

by on May.13, 2015

Nissan CEO Carlos Ghosn reviews the automaker's 2014 financial results. Nissan saw profits rise 17.6% last year.

Aided by a strong showing in North America and Western Europe, Nissan reported a 17.6% increase in profits for the fiscal year March 31.

Carlos Ghosn, the chief executive officer for Nissan and for Renault, said Nissan delivered solid full-year revenues and profits. The robust demand, especially for new products in North America and Western Europe, along with cost cutting and a favorable shift in the yen-dollar exchange rate, offset challenging market conditions in Japan and several emerging markets.

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“These are solid results in a highly competitive marketplace,” Ghosn said. (more…)

Nissan Needs More US Capacity, New Factory Could be in the Works

Slow March sales not like to trigger rebate war, says CEO Ghosn, who expects makers to accelerate use of new safety technology.

by on Apr.02, 2015

Carlos Ghosn said in New York today that strong U.S. sales present Nissan with a capacity problem and the maker may need a new plant.

March brought disappointing car sales for most manufacturers, but the recovery of the U.S. market hasn’t topped out, said Carlos Ghosn, CEO of the Renault-Nissan Alliance, during a NY Auto Show media roundtable. In fact, the market is strong enough to keep the Nissan brand on track to hitting a targeted 10% market share, Ghosn said.

That goal actually poses a problem for the Japanese maker, making it increasingly difficult to roll out enough vehicles from its network of North American assembly plants.

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“Without a doubt,” said Ghosn, “we are going to need more capacity in North America.” The question is whether that will come from a new assembly plant or by finding ways to boost capacity at existing facilities, such as the core factory in Smyrna, Tennessee. (more…)

Ghosn Aims to Make Renault-Nissan Alliance World’s Third-Largest Automaker

Exec sees opportunity in uncertainty.

by on Mar.04, 2015

Nissan-Renault's Carlos Ghosn said he expects his company to be the third-largest automaker in the world by 2018: supplanting GM.

No one ever accused Carlos Ghosn of lacking ambition. Ever since signing up as CEO of Nissan, and then adding its alliance partner Renault to his responsibilities, the Brazilian-born executive has been driving relentlessly to boost sales, share and profits.

And in a series of appearances at this year’s Geneva Motor Show, Ghosn laid out his most ambitious target yet. Currently fourth in the global market, he proclaimed the Renault-Nissan Alliance will become the world’s third-largest automotive group by 2018. That should have General Motors looking anxiously over its corporate shoulder, even as Toyota and Volkswagen AG fight it out for the top sales spot.

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At a roundtable appearance late during the first day of Geneva media previews, Ghosn admitted there are plenty of hurdles for both the auto industry and for Renault-Nissan itself. The European recovery has begun, albeit slowly, in part due to the drag of the slumping Russian market. But even there, Ghosn sees an upside, the “opportunity to gain marketshare” because of the Alliance’s strong manufacturing base in the heart of the former Soviet Union. (more…)

Earnings Up, Nissan Raises Forecast

Strong North American sales, weak yen provide “positive momentum.”

by on Feb.09, 2015

CEO Ghosn raises Nissan's full-year earnings forecast.

Crediting improved sales, cost-cutting and a weak yen, Nissan is reporting a 21% jump in its quarterly profits, while also increasing its earnings estimate for the full fiscal year.

The second-largest of the Japanese makers earned 101.8 billion yen for the October to December quarter, or $856 million. That was significantly better than the 83 billion yen, or 697 million consensus forecast, according to FactSet.

“Nissan delivered solid financial results in the first nine months of the fiscal year, reflecting rising U.S. sales of our latest models and a normalizing yen-dollar exchange rate,” said the maker’s President and CEO Carlos Ghosn, in a statement.

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Crediting “positive momentum” in sales, as well as a weak yen, Ghosn upped the full-year forecast for Nissan to 420 billion yen, or $3.5 billion, which would be an 8% annual increase. Nissan had originally expected to earn 405 billion yen, or $3.4 billion, for the fiscal year which ends on March 31.