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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.

Mazda Minagi concept

Mazda is set to reveal a new concept at the 81st Geneva motor show in March. Called the Minagi, the concept previews a new entry-level compact crossover, which will likely be called the CX-5 when it makes its production debut in Frankfurt later this year. The compact SUV is alleged to 'fully embrace' both Mazda’s Skyactiv technologies as well as the Kodo design language that debuted on the Shinari concept late last year.

Concept Car of the Week: Mercedes-Benz VRC (1995)

The question of automobile versatility has been a real challenge for decades. Nowadays, car manufacturers keep coming up with hundreds of new segments, sub-segments, crossovers, and crossovers of crossovers... Most of them end up Jack-of-all-trades, master of none.