Marchionne Refused To Budge As U.S. Sought Money For Chrysler A book to be published next month by President Obama’s car czar reveals that Renault-Nissan chief Carlos Ghosn was offered the top job at GM, while Fiat CEO Sergio Marchionne eye-balled the U.S. administration and refused to pay any money for its 20 per cent […]
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Renault Battery Vision Looks Like An Expensive Blind-Alley
Why Pursue Batteries When Plug-In Hybrid Makes Them Obsolete? Firms Which Rescue Stranded Motorists Will Be Big Winners Renault-Nissan CEO Carlos Ghosn’s startling claim that battery powered vehicles will win 10 per cent of global new car sales by 2020 still beggars belief. At the Frankfurt Car Show last month, Ghosn wasn’t talking about plug-in […]
Renault, Deeply In The Red, Starts To Turn Around
But Electric Gamble Overshadows More Prosaic Action Investors Embrace Idea Of Asset Sales Insurance Electric Market Share Of 10 Per cent By 2020 Looks Over-Ambitious Renault, despite losing a huge amount of money in the first half of 2009, is starting to please investors again, although some are feeling a bit queasy about CEO Carlos […]