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NEW DELHI: The global car market has bottomed and is on track for 60 million units sales this year and next, Carlos Ghosn, who heads Japan's Nissan Motor Co and France's Renault SA, said on Sunday. Full Article at Economic Times
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TAIPEI, Taiwan -- Nissan Motor Co. , Japan's third-biggest carmaker, said it will suspend the second phase of its factory being built in the southern Indian city of Chennai until global demand for automobiles recovers. Full Article at China Post
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The global car market, which has suffered acute demand contraction since September 2008 when economic downturn set in, has bottomed out and the industry was set for a sale of 60 million units in this year and the next, said Renault-Nissan Chairman... Full Article at Business Standard
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The two sides are trying to see how to make the Logan more appealing to Indian buyers. Full Article at livemint.com
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By Santanu Choudhury And Nikhil Gulati NEW DELHI—Nissan Motor Co. and Renault SA chief Carlos Ghosn reaffirmed the two companies' commitment to its nearly $1 billion plant in India and to the market as a whole, despite Renault's delayed plan to make... Full Article at Wall Street Journal
Related Quotes
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I don't believe in a double dip because we didn't come up
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I am absolutely convinced about not only the potential of the internal market in India, but also the potential of India as an exporter and also the potential of India as an important participant to the engineering effort and product planning effort of the group
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We are also discussing with our partner Mahindra what needs to be done to modify the product but we have the patience and the determination ... I never thought that coming to India, we are going to get everything right for the first time. Nobody gets it first time right in any country and particularly i...
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It looks like we are hitting a plateau
