Renault-Nissan CEO Carlos Ghosn expects a rough 2012

Article by Christian Andrei, on November 28, 2011

In anticipation of a difficult year ahead in Europe, Renault-Nissan CEO Carlos Ghosn has started to take measures to protect its brands. In an Automotive News Europe interview, Ghosn said that the market will definitely decline in 2012 in Europe but the “only question” now is the extent of the drop. He said that the company is being “more cautious,” which means that there will be restrictions on capital, employment, salaries, and on just about everything.

Nevertheless, Ghosn said that it will find a solution to the problems related to Europe’s sovereign debt crisis and the volatility of the financial-market. He said that as Europe is filled with experienced and sophisticated people, there may still be a chance that it will be able to avoid a catastrophe.

Ghosn said that Renault has no plans to launch in the U.S. and even Nissan won’t be offering its cars in this country too. Instead, what Renault considers strategically sound is to “develop in China.”

On the question of whether his successor will also be leading both Renault and Nissan, Ghosn said that he doesn’t think he could find a person who could do what he’s doing. He said that he has legitimacy from both sides and it’s still difficult for him. He considers it an “impossible” task to find such a replacement. [source: Autonews]

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Your 2017 Volkswagen Golf Facelift could get as sporty looking as the Golf R with the new R-Line packages. But without the sporty run and the premium price. Set to...
by - January 17, 2017
Whether or not you’re a tech addict, you realize that the digital revolution is now moving at high speed. Before you know it, there’s already a new one on the...
by - January 17, 2017
We really couldn’t deny that quite a number of Audi customers and would-be-buyers are intently waiting for higher performance RS versions of the Audi A4 and A5. Of course, these...
by - January 17, 2017
The Chevrolet Cruze is coming to Australia. But it won’t be known as the Chevrolet Cruze. Instead, it will bear the Holden badge and get the Astra moniker. The 2017...
by - January 17, 2017
As expected, four years after the current generation of the BMW 4 Series was introduced in 2013 with the BMW 4 Series Coupe, the German premium carmaker is implementing a...
by - January 17, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries