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Carlos Ghosn projects Renault-Nissan for #3 position by 2018

As the chief executive of both Renault and Nissan, Carlos Ghosn is one of the most powerful executives in the automotive industry. But at 60, he'll have to retire sooner than later: he's got three and a half years left on his contract at Renault, which mandates retirement by 65. But before his time is up, he intends to leave the Renault-Nissan Alliance among the top three automakers in the world. Currently the combined sales of Nissan, Renault and its various brands (including Dacia, Datsun and Infiniti) make the alliance the fourth largest carmaker globally, trailing behind Toyota, Volkswagen and General Motors, but ahead of Hyundai, Ford, Fiat Chrysler and Honda. But Ghosn sees the alliance's sales (and global market share) increasing in the next three years. Speaking with Automotive News Europe, Ghosn projected confidently that the alliance will hit the number three spot by 2018 – just three years from now. To get there, Ghosn knows that Nissan and Infiniti will need to increase their combined market share to 10 percent in the United States, growing around 2 to 3 percent each year between now and 2018. The challenge is that much more evident in North America where only half of the alliance participates. But it's not all about America. Ghosn also the Chinese market as equally vital to the alliance's success and that of its constituent automakers, projecting continued growth in China for the foreseeable future. He's also banked heavily on the Russian market, which may have dipped now, but in Ghosn's view is bound to recover. News Source: Automotive News - sub. req.Image Credit: Renault-Nissan Alliance Nissan Renault renault-nissan alliance

2016 Nissan Leaf with 107-mile range will start at $35,050* [UPDATE]

Here we go. Without making any huge leap into a second-gen model, Nissan has upgraded the 2016 Nissan Leaf from the 2015 model with a big range increase and a more durable battery. According to the new EPA numbers, the new Leaf will go 107 miles from a 30-kWh battery pack. That's going to get people's attention, since the current Leaf has an 84-mile range from a 24-kWh pack. You will still be able to get an 84-mile Leaf in the 2016 model year, since Nissan is keeping the S trim level with the lower, 24-kWh pack size. If you opt for the more expensive SV or SL trims, then you'll not only get the 27-percent greater range, but also a battery pack that is slightly heavier (by 46 pounds) and has more modules (eight vs. four) but the same number of cells. The two packs are the same size. In the end, the EPA rates the 30-kWh with 124 city, 101 highway and 112 combined MPGe fuel economy, while the S trim keeps the 126 city, 101 highway and 114 combined MPGe of the 2015 models. All the new 2016 Leafs keep the same 80-kW AC synchronous motor from earlier models. It still offers 107 horsepower and 187 pound-feet of torque. Prices for the new Leaf start at $35,050 for the Leaf SV (up from $32,950 for the 2015), $37,640 for the Leaf SL (up from $35,970) and $28,060 for the Leaf S (no change from 2015). All prices include $850 delivery charge but not the potential federal tax incentive of $7,500. The 2016's exterior is virtually identical to the 2015, aside from some new colors with names like Forged Bronze, Coulis Red and Deep Blue Pearl. Nissan is offering a few upgrades on the inside, though. There's a new graphic interface display on the 7-inch color screen (5-inch on the S trim) and a new "beam forming microphone" that should make the car's voice recognition better. The information that is displayed on the screen has also changed, with the charging screen info being updated every 12 miles. Given that some (but not all) of the rumors of this Leaf range bump turned out to be true, what do you all think of the talk of a 250-mile Leaf in about three years? UPDATE: The original headline quoted the price of the SL model instead of the less expensive SV, and has now been changed to accurately reflect the starting price of the SV. Both SL and SV come standard with the new 30 kWh battery, while the S model comes standard with the smaller 24 kWh pack. Thanks to those who pointed out this discrepancy!

Ghosn calls Renault and Nissan financial results 'pathetic'

PARIS — Former Nissan Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results "pathetic," driven as much by a lack of joint leadership than the COVID-19 pandemic. Ghosn, who was also the chairman of Mitsubishi Motors, was arrested in Japan in late 2018 on charges of underreporting his salary and using company funds for personal purpose — charges he denies. He fled to Lebanon from Japan. "There is a market confidence problem in the alliance. Personally, I find the results of Nissan and Renault pathetic. The two companies are looking inwards. There is no longer any real mix of management between Renault and Nissan, but a distrustful distance," he told Le Parisien newspaper. Ghosn compared the share price fall from November 2018 to June 2020 of competitors General Motors and Toyota of 12% and 15% respectively to Nissan dropping 55% and Renault 70%. "All of these manufacturers are facing the same COVID crisis, but Renault and Nissan are being punished more than the others,' he said. Ghosn fled Japan to Lebanon, his childhood home, in December as he awaited trial on charges of underreporting earnings, breach of trust and misappropriation of company funds, all of which he denies. Ghosn was questioned in Lebanon in January. He has said he will cooperate fully with the Lebanese judicial process, but it is unclear what cooperation there will be between Tokyo and Beirut. French prosecutors have also stepped up their investigation into alleged misappropriation by Ghosn of funds at Renault and had summoned him in France on July 13, but he did not attend. "There is a technical obstacle. My passport is in the hands of the attorney general in Lebanon, because Japan has issued an international arrest warrant for me," Ghosn said. "I also want to be sure that my security is assured and that I am guaranteed freedom of movement." Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. CES 2020 and Carlos Ghosn | Autoblog Podcast #609