Report: Ghosn still looking for a North American partner

Ghosn still looking for a North American partner

A year after talks ended with GM, Nissan CEO, Carlos Ghosn, is still looking for a North American partner for the Renault-Nissan alliance. At a press conference held by Japanese newspaper Nikkei, Ghosn said that “if I have the opportunity to make it happen, I will do it.”

Ghosn told the press that the Renault-Nissan alliance is the only alliance in the automotive industry that works. “…when something works, you have a tendency to want to expand it.”

Renault and Nissan joined forces in March of 1999 where the companies now hold shares in each other. The two share engineering and manufacturing resources as well as some sales operations and information technology. They also share costs through a joint purchasing organization.

Ghosn also said that the Renault-Nissan alliance together sold about 6 million vehicles last year and is expected to sell between 7 million to 8 million a year within the next two years.

 

Source: Automotive News (Subscription Required)

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