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Could Renault-Nissan Top Toyota in Global Sales

“Not an objective,” but increasingly likely, says CEO Ghosn.

by on Sep.30, 2016

Renault-Nissan CEO Carlos Ghosn said the acquisition of Mitsubishi could make his company tops in auto sales globally next year.

For much of the last decade, Toyota Motor Co. has won the global sales sweepstakes, though it is being chased by an increasingly aggressive Volkswagen AG. But now, a wildcard has entered the race, and CEO Carlos Ghosn said it’s a strong possibility that his Renault-Nissan Alliance could soon brush outside those two rivals.

The Euro-Japanese partnership lagged more than a million units behind its two rivals last year, so it would need a turbo-boost to take the lead. And that just might happen in 2017 as the Nissan side of the alliance completes its planned acquisition of struggling Japanese automaker Mitsubishi.

Global Auto News!

Would that push the Renault-Nissan Alliance over the top? “Yes,” Ghosn responded to a question during a Paris Motor Show news conference. “We may become number one, even thought that is not our objective.” (more…)