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The plant will have an initial capacity of 170,000 vehicles, expected eventually to reach 400,000. Yet the partly state-owned Renault has faced a storm of criticism over the project, seen by some in France as denying French workers jobs that were...
Renault's Chief Executive Carlos Ghosn gives a news conference during a visit at Renault's new factory in Melloussa, 30 km (abt 19 miles) from Tangiers, February 9, 2012. View Photo »
The time is now right to let ordinary drivers experience what our racing drivers enjoy every time they head out onto the track. We aim to bring Nismo’s passion and focus on driving excitement to mainstream models
The plant will have an initial capacity of 170,000 vehicles, expected eventually to reach 400,000. Yet the partly state-owned Renault has faced a storm of criticism over the project, seen by some in France as denying French workers jobs that were...
"They're bound to hit the Renault brand's market share." Renault said it has always based production of its low-cost Dacia brand cars outside of western Europe as part of its no-frills business model. "The question of building this factory in western...
This boost could create 35,000 jobs indirectly. The factory has sparked controversy, due to the French political debate about creating jobs within the country, Reuters reported. "The question of building this factory in Western Europe didn't even...
Moroccan Prime Minister Abdelilah Benkirane, Renault chief executive Carlos Ghosn (C) and Moroccan businessman Othmane Benjalloune (R) talk before the inauguration of the new Renault factory in Melloussa, 30 km (18 miles) from Tangiers February 9, 2012. View Photo »
Some people can say: You're making money and you're growing. Yes, we're making money and we're growing – outside Japan
The factory opening drew immediate criticism from politicians in France, where unemployment is at a 12-year high. “It’s completely intolerable and even scandalous,” said Christian Estrosi, a lawmaker and former industry minister for Sarkozy’s governing...
PDG de Renault, Carlos Ghosn, et le roi du Maroc, Mohammed VI, ont inauguré jeudi ce vaste site flambant neuf, implanté à seulement 14 kilomètres des côtes européennes, desservi par le port géant de Tanger Med et où les coûts salariaux sont plus de...
Carlos Ghosn, KBE (Arabic: كارلوس غصن; born 9 March 1954) is a French-Brazilian-Lebanese businessman. He is the current CEO and President of Renault of France and Nissan of Japan. He is largely credited with turning around Nissan. As an outsider in charge of one of Japan's largest companies, Ghosn has been extremely successful. He was voted Man... Full Article
Moroccan Prime Minister Abdelilah Benkirane, Renault chief executive Carlos Ghosn (C) and Moroccan businessman Othmane Benjalloune (R) talk before the inauguration of the new Renault factory in Melloussa, 30 km (18 miles) from Tangiers February 9, 2012. French car maker Renault opened a...
View Photo »Chief executive Renault of Frechcar manufacturer Carlos Ghosn (R) gives a press conference during a visit at Renault's new factory in Melloussa, some 30 kms from Tangiers on February 9, 2012. Renault inaugurated today a giant factory in Morocco to build low-cost cars, sparking...
View Photo »Renault chief executive Carlos Ghosn (3rd R) and Renault's new factory manager in Morocco, Tunc Basegmez, unveil Renault's new model 'the Lodgy minivan' during a visit at Renault's new factory in Melloussa, 30 kms from Tangiers, on February 9, 2012. Renault inaugurated today a giant...
View Photo »Renault chief executive Carlos Ghosn (L) walks with Tunc Basegmez (R), director of Renault's new factory in Morocco, during a visit at the plant in Melloussa, 30 kms from Tangiers, on February 9, 2012. Renault inaugurated today a giant factory in Morocco to build low-cost cars, sparking...
View Photo »In this photo provided by the Moroccan Royal Palace, Moroccan King Mohamed VI, 2nd left, and Renault-Nissan CEO Carlos Ghosn left inaugurate Renault's new factory in Melloussa, 30 kms from Tangiers Thursday, Feb 9, 2012.
View Photo »Carlos Ghosn, Chairman and Chief Executive Officer of French carmaker Renault, poses next to a Renault Zoe preview electric car after a news conference to present the company's 2010 annual results and their business plan "Drive the change" in Boulogne-Billancourt near Paris in this ...
View Photo »Moroccan Prime Minister Abdelilah Benkirane attends a special ceremony with Renault chief executive Carlos Ghosn (not pictured), at the inauguration of the new Renault factory in Melloussa, 30 km (18 miles) from Tangiers February 9, 2012. French car maker Renault opened a sprawling...
View Photo »(From L to R) Renault Chief Executive Carlos Ghosn, Moroccan King Mohammed VI and director of Renault's new factory in Morocco, Tunc Basegmez, look at an assembly line during a visit to the plant in Melloussa, 30 km (18 miles) from Tangiers, February 9, 2012. French car maker Renault...
View Photo »Renault-Nissan CEO Carlos Ghosn talks on stage during a Japanese TV NHK direct life at the the World Economic Forum (WEF) on January 28, 2012 in Davos. More than 2,600 businessmen, politicians, leaders of non-governmental organisations or scientists and hundreds of journalists pack the...
View Photo »Renault-Nissan CEO Carlos Ghosn talks on stage during a direct with Japanese Prime Minister Yoshihiko Noda as part of a Japanese TV NHK direct life broadcast at the the World Economic Forum on January 28, 2012 in Davos. More than 2,600 businessmen, politicians, leaders of...
View Photo »Renault-Nissan CEO Carlos Ghosn waits prior to the start of a Japanese TV NHK direct life broadcast at the the World Economic Forum (WEF) on January 28, 2012 in Davos. More than 2,600 businessmen, politicians, leaders of non-governmental organisations or scientists and hundreds of...
View Photo »Japanese Prime Minister Yoshihiko Noda (on screen) listens as Renault-Nissan CEO Carlos Ghosn talks on stage in Davos during a Japanese TV NHK direct life broadcast at the the World Economic Forum (WEF) meeting on January 28, 2012. More than 2,600 businessmen, politicians, leaders of...
View Photo »Carlos Ghosn, Chairman and Chief Executive Officer, Renault-Nissan Alliance speaks during a plenary session at the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Saturday, Jan.28, 2012.
View Photo »Carlos Ghosn, President and CEO of Renault-Nissan Alliance attends the WEF meeting 2012 in Davos on January 25, 2012. The world's political and business elite will shelter from the chill winds buffeting the global economy and plot a new path for capitalism at the annual Davos forum...
View Photo »Carlos Ghosn, President and CEO of Renault-Nissan Alliance, speaks at the Automotive News World Congress January 10, 2012 in Detroit, Michigan. Nissan's global sales hit a record 4.6 million vehicles in 2011, despite supply-chain disruptions from Japan's earthquake disaster, chief...
View Photo »DETROIT, MI - JANUARY 10: Chairman and CEO Renault-Nissan Alliance Carlos Ghosn addresses the 2012 Automotive News World Congress at the Detroit Marriott at the Renaissance Center January 10, 2012 in Detroit, Michigan. The automotive industry's top executives share their plans to...
View Photo »Carlos Ghosn, Chairman and CEO of Nissan and Renault, poses in Nissan's new concept car PIVO3 at the 42nd Tokyo Motor Show in Tokyo November 30, 2011.
View Photo »Nissan President and CEO Carlos Ghosn introduces the company's 'Leaf NISMO concept' vehicle during the press briefing n the 42nd Tokyo Motor show in Tokyo on November 30, 2011.
View Photo »Carlos Ghosn, chairman and CEO of Nissan and Renault, speaks during a news conference at the 42nd Tokyo Motor Show in Tokyo November 30, 2011.
View Photo »Nissan President and CEO Carlos Ghosn stands beside the company's PIVO3, a prototype of an electric city commuter during the press briefing n the 42nd Tokyo Motor show in Tokyo on November 30, 2011.
View Photo »Nissan President and CEO Carlos Ghosn delivers his speech during the press briefing n the 42nd Tokyo Motor show in Tokyo on November 30, 2011.
View Photo »Carlos Ghosn, CEO of Nissan, speaks at the Japan Society, Thursday, Nov. 17, 2011 in New York.
View Photo »Red Bull team principal Christian Horner, left and Nissan CEO Carlos Ghosn, right, shake hands on the track before the Indian Formula One Grand Prix at the Buddh International Circuit in Noida, 38 kilometers (24 miles) from New Delhi, India Sunday, Oct. 30, 2011.
View Photo »Japan's auto Nissan president Carlos Ghosn announces the company's new mid-term environment plan at the company's headquarters in Yokohama, suburban Tokyo on October 24, 2011. Japanese auto giant Nissan is aiming to sell 1.5 million electric vehicles around the world by 2016, the...
View Photo »Nissan/Renault President Carlos Ghosn shares a joke with Rio de Janeiro's Governor Sergio Cabral on October 06, 2011 during a ceremony to launch a new Nissan plant at Guanabara palace in Brazil. Nissan aims to launch 10 new models in Brazil between now and 2016 and boost its sales...
View Photo »Moroccan Prime Minister Abdelilah Benkirane, Renault chief executive Carlos Ghosn (C) and Moroccan businessman Othmane Benjalloune (R) talk before the inauguration of the new Renault factory in Melloussa, 30 km (18 miles) from Tangiers February 9, 2012. French car maker Renault opened a...
View Photo »The time is now right to let ordinary drivers experience what our racing drivers enjoy every time they head out onto the track. We aim to bring Nismo’s passion and focus on driving excitement to mainstream models
Some people can say: You're making money and you're growing. Yes, we're making money and we're growing – outside Japan
If Japanese exporters shift production out of Japan, employment will be affected ... The auto industry employs more than 5 million people in Japan.
That's why we're talking to the government -- we're saying, 'Help us stop this.'
There is practically no profitability from cars built in Japan for export
We are forecasting an obviously negative year. The question is how much of a drop we're going to have
For the moment, I don't think there have been any major cancellations in investments, but we're taking a low profile
I still think there is enough wisdom, knowledge and experience in Europe in order to get us out of this very difficult spot
Zero-emission cars are going to become more and more popular
We aim to bring Nismo's passion and focus on driving excitement to mainstream models and the Juke Nismo Concept shows what we can do
I'm not saying to give us an advantage ... We just need to eliminate the handicap. We're profiting in every market except in Japan.
Nismo has carved out an enviable reputation in motor racing
When you’ve been a CEO and in crisis, you forget moments like this exist
There is no doubt that the market will be declining next year in Europe. … The only question is how big of decline ... We are more cautious.
I don’t think I can find a successor who can do both.
Restriction on capital, restriction on employment, restriction on salaries, restrictions on everything. I’m going try to protect my company as much as I can.
Today it’s very difficult with the yen, which is around 76-77 to the dollar, which is a 50 percent appreciation compared to the average yen we had for the last 3 years ... If this continues, without any doubt you are going to see many projects moving from Japan to China, Thailand, Mexico, Indonesia and ...
The most important element is having enough cars with big volumes, not multiplying the number of products that we have ... We need a limited number of cars with very big volumes to sustain the brand.
We have invested so much to gain our position ... Now we are in a position to transform the U.S. into a major position for Nissan.
We have invested so much to gain our position ... Now we are in a position to transform the U.S. into a major position for Nissan.
not going to continue shipping cars from Japan ... We have to reduce our cost in yen. If we reduce in yen, that means less production in yen and less sourcing in yen. We need to move into the dollar area.
What’s taking place now is many projects are now basing their manufacturing outside of Japan because they just cannot survive with this 77 yen to the dollar and they have absolutely no visibility they’re going to get out of (this)
We need just one thing ... Fix the exchange rate. Fix it.
What’s taking place now is many projects are now basing their manufacturing outside of Japan because they just cannot survive with this 77 yen to the dollar
