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Nissan CEO Carlos Ghosn Addresses Automotive News World Congress

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Carlos Ghosn Pictures

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Prime Minister David Cameron Speaks Following Nissan's Decision To Build Their Latest Car In Sunderland

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Also Appearing:
David Cameron, Vince Cable

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Tribeca Talks After The Movie: "Revenge of the Electric Car" At the 2011 Tribeca Film Festival

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Also Appearing:
David Duchovny, Elon Musk, Dan Neil, Chris Paine, Carlos Ghosen

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F1 Grand Prix of Brazil

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Also Appearing:
Sebastian Vettel, Mark Webber, Fernando Alonso, Jenson Button, Christian Horner

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Renault’s 3,000 EUR car might get the green light

By inautonews on | From inautonews.com

The French based automaker Renault has recently announced that a low-cost vehicle worth 3,000 EUR will be developed for emerging markets. While the company’s officials have announced not too long ago that Renault will move up market in order to battle with the Germans in all segments, leaving the entry-level versions to its Dacia sub-brand, the automaker didn’t give up on developing new low-cost models and such a vehicle will soon hit the market. According to Renault’s president, Carlos...Read Full Story

Renault opens low-cost Moroccan plant

By inautonews on | From inautonews.com

French giant automaker Renault on Thursday inaugurated a giant factory in Morocco that will be capable of producing 400,000 cars a year from next year. Most of the production will be destined for export markets. Renault’s total investment in the plant could reach €800 million to €1 billion. The new 3 million square metre (32 million square foot) facility near Tangiers is key for the carmaker’s strategy to expand in the low-cost segment that already accounts for nearly a third of sales...Read Full Story

Nissan to Invest up to US$2 Billion to Build its Third Plant in Mexico in 2013

By wheels4 on | From carscoop.blogspot.com

Japanese carmaker Nissan said on Wednesday it plans to invest up to US$2.0 billion (€1.5 billion) for an all-new manufacturing plant in Aguascalientes, Mexico, that will be operational by late 2013. The new facility, which will complement Nissan’s two existing Mexican factories, will have an annual production capacity of up to 175,000 units of the company's ‘B’ platform models . Last year, Nissan set a domestic production record with more than 600,000 vehicles built at its two Mexican plants...Read Full Story

Renault to cut at least 60 jobs in the UK

By inautonews on | From inautonews.com

Renault UK has confirmed that the company might reduce its workforce by 30 percent. In addition, the French automaker will reduce its dealer network by a third by the start of 2013, autoexpres reported. The announcement comes just days after Renault CEO — Carlos Ghosn said he expects European auto sales to fall about 3% by volume this year as a result of the region’s ongoing debt and economic troubles. “It’s going to be tough for everyone, not just for Renault,” Ghosn said in an...Read Full Story

Nissan to build $2 billion factory in Mexico to avoid Yen

By inautonews on | From inautonews.com

Nissan Motor Co, on Wednesday said it would invest up to $2 billion for an all-new manufacturing complex in Aguascalientes, Mexico, to support the company’s Americas growth strategy. Up to 3,000 direct jobs will be created initially at the new facility, with approximately 9,000 positions to be generated within the supply chain and wider community. With these additional jobs, Nissan’s total headcount in Mexico will expand to nearly 13,500 workers. The factory, aimed to produce vehicles for...Read Full Story

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Carlos Ghosn

Carlos Ghosn, in New Orleans for the National Automobile Dealer

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Renault opens factory in Morocco

French car maker Renault is looking to meet the strong European demand for no-frills vehicles through its recently opened low-cost factory in Morocco in a bid to buck the overall decline in the region's car market, Reuters has reported. "The question of building this factory in Western Europe didn't even arise," Renault chief executive Carlos Ghosn said in a radio interview ahead of the opening ceremony. "That would have been incompatible with...

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His Majesty King Mohammed VI Inaugurates New Renault-Nissan Alliance Plant In...

PARIS – Feb 10, 2012: His Majesty King Mohammed VI today inaugurated the new Renault-Nissan Alliance plant in Tangier, Morocco, at a special ceremony attended by Carlos Ghosn, Chairman of Renault and Nissan. The new Renault-Nissan plant in ...

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Currencies Cause Headache For Renault, Nissan CEO

DAVOS, Switzerland—Carlos Ghosn, chief executive of Renault SA (RNO.FR) and alliance partner Nissan Motor (NSANY), is excited about his companies’ prospects in Latin America, but currency volatility is giving him a headache. While the ...

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FRANCE: Renault-Nissan chief Ghosn's gloomy forecast for Europe

Renault Nissan chief Carlos Ghosn said he expects vehicle sales in Europe to decline 2%-3% this year, adding he is particularly concerned about an expected 5%-6% drop in France.

From just-auto.com ()

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Overview

Carlos Ghosn is CEO of Renault and Nissan Motors

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