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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.

Ford, GM work together on new nine-, 10-speed transmissions

Ford Motor Co. and General Motors are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs. The rivals say partnering on the automatic front- and rear-wheel-drive gearboxes will get them to market faster and cheaper than each automaker could do on its own.

New Mercedes E-Class Cabriolet and Estate delayed

The new Mercedes E-Class Cabriolet - now put back until Spring 2010 Mercedes has done a pretty good job on updating the E-Class, and its been receiving good comments all round. But Mercedes has lost the momentum a bit with the revelation that the E-Class Coupe is actually based on a C-Class chassis. Not that that alone is reason for complaint, but there was a big hoo-haa around the nomenclature for the E-Class Coupe (should it have been the CLK?) so it was a bit disingenuous of Mercedes to reveal the Coupe’s roots after its reveal.