Renault-Nissan interested in closer ties with General Motors

Article by Christian A., on September 30, 2010

Renault and Nissan Motor may soon have “closer ties” with General Motors Co., according to Le Monde’s interview with Carlos Ghosn, CEO of Renault and Nissan. Ghosn was quoted to have said, “Today, I remain open to closer ties with GM." He said that if GM is interested, “they will come to us." Ghosn also said that the global auto crisis was "behind us."

Ghosn divulged that during the crisis, he made a proposal to work with GM when he met with Steve Rattner, who led President Barack Obama's autos bailout task force.

What Rattner wanted instead was for Ghosn to manage GM but he declined since he considered it to be unethical to leave at the height of the crisis. In this interview, Ghosn also said that Renault will soon arrive in China, but not within the next three years. Renault’s alliance partner Nissan has already penetrated the Chinese market.

Like most European carmakers, Renault is preparing to boost its presence in international markets, with a focus on Russia, Brazil and India as demand in Europe is expected to suffer with the end of the scrappage schemes.

Last Monday, Renault Chief Operating Officer Patrick Pelata told Le Figaro that half its sales may come from outside Europe by 2013, a 40% climb from today.

Ghosn told Le Monde that Nissan is expected to reach sales of 950,000 cars in China this year, a huge jump from selling only about 10,000 units a decade ago. [via autonews - sub. required]

If you liked the article, share on:

Comments

Recommended

November 17 is considered a very special day for Tesla, as this is the day that they revealed the highly anticipated Tesla Semi. But Elon Musk did not think the...
by - November 17, 2017
More details have emerged about the new sixth generation of the BMW M3 just as the German premium practically announced the end of the current-gen 3 Series with the unveiling...
by - November 17, 2017
All is set for Volkswagen’s plans to enter the electric vehicle game, as prompted by the so-called Dieselgate scandal. In fact, the German carmaker has already made a commitment to...
by - November 17, 2017
As BMW has already revealed, the next generation of the BMW M5 (F90) is a four-wheel drive high-performance sedan with overwhelming power output and torque at its disposal. However, it...
by - November 17, 2017
McLaren unveiled a one-off Gold - on - Black 720S at the 2017 Dubai Motor Show which will be on display throughout the entire stretch of this week’s event. The...
by - November 16, 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