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Carlos Ghosn's automaker mantra: Go big or you'll go away
Tue, 25 May 2010Size 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.
Porsche hits out on CO2
Fri, 22 Jun 2007By Phil McNamara Motoring Issues 22 June 2007 10:30 Porsche's next Cayenne and Panamera saloon will get petrol-electric hybrid engines, CAR Online can confirm, as the firm strives to reduce CO2 emissions. The sports car maker has gone on the attack, with tough new European Union guidelines on carbon emissions looming. Brussels has already announced it would like the average new car's emissions to total 130g/km of CO2 by 2012, and is now haggling with the industry about implementing the target.
New Hyundai Sant Fe delivers up a ‘Storm’ for London Fashion Week
Fri, 15 Feb 2013Hyundai has delivered a fleet of new Santa Fe’s to Storm Model Management to ferry models round the shows at London Fashion Week AW13. We often wonder how car makers decide which placements give them the best return for their investment. Is there a little man in a cupboard with an abacus working out ROI?