Just-in-time auto industry news and analysis
Two of the world’s most scandal-ridden carmakers also are the world’s largest. With only one month left to go, the race for World’s Largest Automakers 2018 has the Renault-Nissan-Mitsubishi Alliance in the lead while its chairman Carlos Ghosn sits in a Japanese jail. The Alliance is closely followed by a Volkswagen Group still reeling from its dieselgate scandal. Customers don’t seem to care, and they still buy the cars with unmitigated abandon. [ There is more … ]
Picture courtesy Pinterest
The holidays are upon us, and car companies around the world are taking a break. With the best wishes for the festive season, we likewise take time off to digest the news brought to use throughout the year. What little news there will be between the holidays will be caught by our tireless Newsbot. We shall return after New Year.
Saikawa meets the press. (c) Bertel Schmitt
The Ghosn affair more and more resembles the situation of an unhappy couple, where after years of arguments, one takes the initiative, calls the police, has the other one arrested for domestic violence. Now in total possession of the house and a restraining order, he or she files for divorce, and it’s all-out war, the beginning of a long drama with no happy ending, but many twists. Two very surprising ones are at the end of this story: Renault could fire Nissan’s top, and take over. Or Nissan could buy into Renault to get free.
