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Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

GM's next eco-concept car

By Ben Oliver Motor Industry 03 July 2007 06:17 General Motors will unveil a European concept car built on its radical new E-Flex platform at September’s Frankfurt Motor Show. The concept will feature radical styling, with a diesel engine acting as a generator for the concept’s electric motor. And General Motors is believed to be collaborating with urban electric scooter manufacturer Segway; the unnamed concept may be able to carry one or more of the £4000, gyroscope-controlled devices for use in town once you’ve parked.

Korean supercar blasts into Goodwood

Believed to be the first-ever South Korean supercar, the 845-hp, mid-engine de Macross Epique GT1 made its European debut last weekend at the Goodwood Festival of Speed. The carbon tub, alloy-bodied Epique is the brainchild of a Korean oil magnate and avid car collector Keyser Hur, who is sinking part of his fortune into making the de Macross a reality. “Mr.