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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.

Speed cameras to be switched back on

The mayor of Bristol has announced that speed cameras across the city will be switched back on after they were turned off two years ago. Mayor George Ferguson said that work will start in 2014 to re-commission the 26 speed and traffic light cameras that lost funding from central government in 2011. On Bing: see pictures of speed cameras Speed cameras making a comeback At the same time, the BBC reports, Ferguson and police commissioner Sue Mountstevens revealed 15 community speed watch schemes, where volunteers monitor speeds with detection equipment.

Lotus fights back with three-year warranty and servicing deal

By Tim Pollard Motor Industry 02 July 2014 12:55 Lotus has this month launched a three-year warranty and servicing deal for all new Elise, Exige and Evora models. The move is designed to kickstart interest in the brand, which is suffering a 9% slump in sales in 2014 year to date. Lotus has sold just 73 cars in the United Kingdom over the first five months of the year.