Renault-Nissan CEO Carlos Ghosn expects a rough 2012

Article by Christian A., 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

Recommended

The upscale version of the GMC Yukon body-on-frame sport utility vehicle – the GMC Yukon Denali – has been refreshed for the 2018 model year. It now sports a new...
by - May 26, 2017
The largest gathering of Volkswagen and Audi cars in Europe is underway, and the German premium carmaker is displaying the third model of its G-Tron range at the 2017 Worthersee...
by - May 26, 2017
Have you been wondering how much you have to produce to acquire a 2018 Mercedes-Benz S-Class Facelift? Wonder no more, as Mercedes-Benz has already divulged the pricing – at least...
by - May 26, 2017
Following the M3’s new facelift earlier this year, BMW is once again bringing something fresh to the table. In its newest offering, a cheaper version of the high performance sedan...
by - May 26, 2017
If this design study leads to the eventual and much-awaited BMW 8 Series grand tourer, then we wouldn’t complain. After all, it looks so promising. It isn’t the final version...
by - May 26, 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