Filed under: Plants/Manufacturing, Nissan, Earnings/Financials, Renault
Ghosn still interested in U.S. automaker tie-up
While wanting to be on the record as saying he doesn't feel overstretched as the head of both Renault and Nissan, Carlos Ghosn admits the Japanese automaker's recent profit slump is "disappointing." But more importantly, he wants the world to know Nissan is still "extremely profitable." And yet, some thought he was biting off more than he could chew when it was announced that there would be a change at the top of Nissan's U.S. operations. That wasn't the case he points out, as that had been in the works for some time. Ghosn said it would be much more difficult to run both companies if they didn't share so many elements. The dip in profits was attributed to higher costs and weak domestic sales, and the company thinks everything is just fine.
In fact, just to add a little spice into the conversation, Ghosn mentioned that he is still interested in possibly working with a major U.S. automaker. That plan didn't get very far last year, but having a European, Japanese and American triumverate makes some sense for world economies, if nothing else.
[Source: Forbes]
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Reader Comments (Page 1 of 1)
F451 6:17PM (7/30/2007)
Ghosn will not be the person to make that dream happen.
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Don 5:31PM (7/31/2007)
We don't want anything to do with you OR Nissault, Ghosn!
REALITY CHECK 7:16PM (7/30/2007)
Mr. Big has had two oppurtuntes to tie up with an American company.. and could have bought one outright! He is either waiting to steal one or his ego blew it! I would go with the second. He had his glory its not like he is a Rock Star......
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Jimbo 8:17PM (7/30/2007)
Renault Megane is far better than comparable Nissan Tiida,while Laguna(mid-size class) is smooth and fun to drive,it's exciting design gives you impression of beauty and class,.I guess American's would love these days Renault's if they had a chance,dont you think?
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Mal Fuller 11:11PM (7/30/2007)
The very name Renault should (and probably does) send chills down the spine of any US carmaker. RIP AMC.
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Gary Blomquist 1:57AM (7/31/2007)
Yep, the AMC/Renault tie just didn't benefit AMC one bit.
I sure miss AMC. The U.S. needed the little "4" that tried harder.
If it wasn't for AMC, Jeep would never have been resurrected to his incredible prowess/reputation.
AMC got Jeep out of antequated Kaiser's hands and made it a profitable division with some fantastic innovations, and great engines.
Nick 7:09AM (7/31/2007)
Obviously GM told this clown to get lost because whatever he was scheming worked mainly to the benefit of Nissan-Renault.
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geo.stewart 9:15AM (7/31/2007)
While I like the Peugot designs, I doubt I would ever buy a French car, Peugot or Renault.
May be silly in a globalized market but I am not about to send any dollars in that direction.
If Cerebrus decides to do some engineering sharing to save costs, thats one thing.
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