Business Standard logo Business Standard 3 weeks ago

Global car market decline has plateaued: Ghosn

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

Related Topics:

  1. Renault
  2. Nissan
  3. General Motors

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Related Quotes

  1. It looks like we are hitting a plateau
    Carlos Ghosn – Carlos Ghosn SOURCE: Business Standard 3 weeks ago
  2. We call it Nano, they (assemblers) don't have to
    SOURCE: Rediff 1 month ago
  3. The Indian car market has still not come to this stage. Given that a car like Nano is three or four year's investment, customers will still go for established brands from strong original equipment manufacturers; in this case Tata Motors. So this idea may not fly very well
    SOURCE: Rediff 1 month ago
  4. We don't want to do like the Tatas trying with this product or that. We want to bring a specific product for the Indian market...certainly this (small car) will be in a different category than that of Tata's Nano
    SOURCE: Times of India 1 month ago
View all Related Quotes »
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  1. Angna Chatterji, one of the conveners of the International People's Tribunal on Human Rights and Justice, speaks as lawyer Pervez Imroz looks on during a press conference in Srinagar, India, Wednesday, Dec. 2, 2009.
  2. JEREZ DE LA FRONTERA, SPAIN - DECEMBER 01: Betrand Bagutte of Belgium and team Renault in action at the Circuito De Jerez on December 1, 2009 in Jerez de la Frontera, Spain.
  3. FILE-- In this Saturday, May 16, 2009, file photo Russian Prime Minister Vladimir Putin demonstrates to the media his new Niva SUV, produced by Russia's biggest car maker Avtovaz, in his Black Sea residence in Sochi, southern Russia.
  4. ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 01: Romain Grosjean of France and Renault drives during the Abu Dhabi Formula One Grand Prix at the Yas Marina Circuit on November 1, 2009 in Abu Dhabi, United Arab Emirates.
  5. ABU DHABI, UNITED ARAB EMIRATES - OCTOBER 31: Romain Grosjean of France and Renault drives during the final practice session prior to qualifying for the Abu Dhabi Formula One Grand Prix at the Yas Marina Circuit on October 31, 2009 in Abu Dhabi, United Arab Emirates.

Cast of Characters

  1. Renault Renault
  2. Nissan Nissan
  3. General Motors General Motors
  4. Tata Motors Ltd Tata Motors Ltd
  5. Ford Motor Company Ford Motor Company
  6. Hertz Global Holdings Hertz Global Holdings