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Posts Tagged ‘Renault-Nissan’s Carlos Ghosn’

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.

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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…)

Daimler Alliance with Renault-Nissan Set to Double in Size

“Corporate friends with benefits.”

by on Oct.03, 2014

Everyone is all smiles after the latest installment of the "Carlos-and-Dieter Show" at the Paris Motor Show.

The 5-year-old alliance between Daimler AG and Renault-Nissan is set to double in size during the next six years, top officials predicted during a news conference at the Paris Motor Show.

The partners have already entered into a variety of joint ventures, including the development of several new microcars and the production of new gasoline and diesel engines. They will begin work on a new, shared assembly plant in Mexico next year, a facility that will eventually produce new compact luxury cars for both Daimler’s Mercedes-Benz brand and Nissan’s upscale marque Infiniti.

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Appearing together for what has become an annual update they call the “Carlos-and-Dieter Show,” Daimler Chairman and CEO Dieter Zetsche and Renault-Nissan Alliance CEO Carlos Ghosn said they now have 12 different ventures going, up from the original three, and that is only likely to grow. (more…)