Last quote by Carlos Ghosn
Carlos Ghosn quotes
We will increase capacity in the years to come, and we will be waiting for the policies now … before making a decision.
I think 2017 should be a good year. I think we will see reasonable economic growth, particularly in the car industry ... I think we will establish a record for sales in 2017.
What has been said by the president of the United States is 'America first' ... We have to believe that the program is about American interest, and American interest includes strong trade relations with Mexico.
Obviously we are mainly an engineering company…but these engineers are going to have to shift their competence … but more and more what we need is computer skills, software engineers and we don't have them. So ... we are partnering with companies who have a lot of these engineers, or we are acquiring companies who have these kind of skills.
We had to make a decision on investment now.
It is too early to know what's going on in the U.S.
We're not in a doom-and-gloom scenario.
We are prudently optimistic.
I can say I feel comfortable with the decision.
Then, after 2020 you'll have the driverless cars, the cars without the driver.
The most exciting technology is the combination of connected (cars) and autonomous (driving). Now the car becomes a mobile space, connected, where you can have a video conference, see a movie, talk to your kids or consult your doctor.
But I think when you have a technology that brings so much benefit that I don't think people are going to drop off … after one problem.
What we are seeing that in China what is really selling are the very low cost electric cars. This is where the market is moving.
I think our objective is to be on the market within in a couple of years.
We are at a price point where the sales are just not taking off. So what we decided is go after the market … we are developing a very cheap electric car. Cheap means involving a price point where these cars are selling in China which is about $8,000.
It's under the form of safeguarding the competitiveness of the plans of Sunderland.
My problem is when I make a decision on investments for Nissan I make it knowing exactly what is the environment in which I am making these investments. And I have obtained enough clarification and reassurance from the British government to proceed with these investments.
As long as I have this guarantee ... I can look at the future of Sunderland with more ease.
The fact that Mitsubishi had many problems like this in the past means that the management did not go to the root causes, did not understand exactly what was behind this kind of behavior and, in consequence, it repeated.
This sends a strong message that it's not Nissan that's going to transform Mitsubishi, it's Mitsubishi that's going to transform Mitsubishi.
It's very difficult to make decisions in terms of investment or envision the future if you don't know how the relationship is going to be between the UK, and the main trade partner of the UK which is the rest of Europe.
You can have commitments of compensation in case you have something negative.
Eighty-five percent of [vehicles produced in Sunderland] goes to Europe, so for us, the trade relationship between Europe and the U.K. is extremely important.
That's what we have said to the British government.
It's going to make the car more costly, but this is a cost that can be borne by larger cars, more expensive cars. For smaller cars, it's a killer, so it means that we're going to have to go for different kinds of technology, more affordable.
Obviously 4.3 billion euros is a conservative number. I think a reasonable target would be 5 billion euros.
Concerning Brexit, we are a little worried because of the uncertainty caused by the waiting and the consequences of the new status of the United Kingdom and the European Union.
Their position of strength is our position of weakness. In ASEAN, they can support us a lot.
They have, in our opinion, better suppliers than us. We can take some of the parts.
We don't want to anticipate on the (results of the) due diligence. he is still waiting on the results of the Japanese regulators' investigation into Mitsubishi Motors.
At Nissan, we are determined to preserve and nurture the Mitsubishi Motors brand, and we will help this company address the challenges it faces, particularly in restoring consumer trust in its fuel economy performance.
We have the potential to be in top three.
The two would now share and jointly develop technology. We are determined to preserve and nurture the Mitsubishi Motors brand. We will help this company address the challenges it faces, particularly in restoring consumer trust in its fuel economy performance.
I'm a little bit skeptical when a carmaker…says we are going to be able to sell cars, autonomously driven, before 2020, in 2018, when the regulation is not ready. And we know the technology is still in a prototype phase.
Our goal is to reach new customers in the premium sports car segment.
One of the biggest problems is people with bicycles.
They don't respect any rules usually.
Well Europe is coming back after five years of decline where the European market slid more than 25 percent. For the first time we have a positive forecast for Europe for 2014. It is not very big, a 1.0 percent increase after a 25 percent decline, but you know it is good to see an inflection in the European market. I think Europe will be on a slow growth mode for the car industry thanks to resuming consumer confidence. So I am cautiously optimistic about the prospect of the European market but nothing is going to be quick nothing is going to be significant for two or three years to come.
China is maintaining a much higher growth of the BRICs, much higher because obviously it is the highest growth rate and I think in terms of investments in infrastructure, investments in education – which are the underlying forces of economic growth – they are doing a superb job. I think what Russia, Brazil and India are trying to do is to beef up their investments in infrastructures and education in order to catch up to the growth level they need or that they have the potential to have.
I think it is going to be a year of recovery; that is how I would qualify it. Recovery in Europe, recovery in Japan, recovery in some of the emerging markets which didn't have a great year in 2013 – like Brazil Russia and India where the car market was down. Recovery in the United States where the car market continued to recover to reach the level before 2013 that is how I would qualify it.
Without any doubt China.
The autonomous car is based on technical modules. These modules are being prepared. In fact some of these modules you're going to see in the Infiniti cars, or the Nissan cars, or the Renault cars coming before 2020. But assembling all these modules to make the autonomous car? I think 2020 is a very reasonable date, and by the way I don't think ours will be the only one coming in 2020.
So number one is: go where the growth is taking place and contribute to this growth. Number two is that you have to be in a resistance mode in Europe.
The priority (for Nissan Motors in Indonesia) is for the Indonesian market. If there is any room for more capacity it will be located for the domestic (market) rather than for exports, although cost is competitive.
I was wrong, we were wrong, and after the conclusions given to us by the Paris prosecutor, it seems that we were cheated.
The first thing I want to say is sorry, both on my behalf and that of Renault, to Michel Balthazar, Mathieu Tenenbaum and Bertrand Rochette, as well as their families and friends. I and the management of Renault are committed to their reintegration and we will compensate them for what they've been through.
It seems that we were mistaken. This didn't appear from nothing. It came from a certain amount of information which now appears was fabricated.
In the mid-term both Renault and Nissan will benefit from vehicles and powertrain projects that help us offer better products at a lower cost.
Taking into account that the number of cars will increase, that oil prices will increase, that the pressure on the environment will increase, the auto industry has no alternative but zero emission vehicles.
It's not finished. It seems that now it's a little bit better, a little bit more stable than two months ago, but I don't consider that this is finished. At any moment you may have another wave of instability coming.
We don't know if we are at the start of the end or the end of the start.
If the markets head south we're going to have to restructure our manufacturing capacities in Europe.
You have to strike a balance between company's resources and its results, it is better to do that when the wind starts to turn rather than when the storm arrives, because then you'd have to make much bigger decision, which we want to avoid.
We want to make large scale availability of zero emission vehicles one of our main priorities in the short and long term.
Fundamentally the company is healthy.