Archives for June 2022

It finally happened: The Renault-Nissan-Mitsubishi Alliance, the auto group that missed becoming world’s largest automaker by a very thin hair in 2017, has been kicked off the podium. It has been removed from the Top 3 by a very resilient Hyundai Motor Group, i.e. Hyundai and Kia.

Ever since a cabal of Nissan executives toppled its erstwhile savior, the autocratic, but highly efficient Carlos Ghosn, the Alliance has been paying the price of infighting and palace intrigue  paired with a big dose of nationalism. Leaders usually become endangered when luck is no longer on their company’s side. But it takes a special kind of stupidity to stick knives into your leader just when he led you from near-death to the top of the world.  And while we are on nationalism, it must be especially disheartening for a proud Japanese to be outranked by a Korean. [ There is more … ]