(c) Bertel Schmitt

Carlos Ghosn, CEO of the Renault-Nissan Alliance, said yesterday in Paris that he expects the group to sell more than 14 million cars a year by 2022,  at the end of the Alliance’s mid-term plan that was set in motion yesterday. The 14 million are not the interesting part. The interesting part is why Ghosn thinks the number will come about, especially considering that predictions of an impending demise of the industry have become fashionable.

“14 million is not a target, it is not an objective,” Ghosn said, giving the impression that the number is more or less inevitable. “What I am telling you is what our assumptions are. Our forecast is that by the end of 2022, we should reach 14 million cars. We estimate that the total market by the end of 2022 will be between 108 and 110 million cars.”

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