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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.

Mitsubishi Lancer (2007): first official pictures

By Jack Carfrae First Official Pictures 27 June 2007 11:43 Mitsubishi Lancer: the lowdown With all the recent attention focused on Mitsubishi’s hot shot Evo X, its donor car, the Lancer, has been a bit neglected. Until now. A far cry from the unbreakable but unlovable stock Lancers that went before it, Mitsubishi’s new Jetta basher mixes sleek lines with four-square attitude and a healthy dollop of value for money.

Beetle anniversary party is more crazy than ever

OVER 4,000 enthusiasts are making their way to the Baltic resort of Travemünde to celebrate Beetles of all generations in what has been called 'The Sunshine Tour'. As well as plenty of original cars there is also plenty of fancy dress for the owners and the cars themselves, while there competition for the overall prize of Most Beautiful Beach Beetle. Volkswagen has been an official partner since 2005 and will be present again over the weekend of 15-17 August with a number of special vehicles.