Carlos Ghosn Talks about Consolidation in the Automotive Industry

Earlier this month, Carlos Ghosn, Nissan’s CEO, discussed the idea of automotive consolidation. In this speech, Ghosn touched on the several reasons why he believe the industry is better off heading in this direction; Revealing that the best way for automakers to reduce development costs is to partner together. In a recent interview, Ghosn said: “A lot of people think consolidation means A buys B or B absorbs C. But we have been partnering with Daimler AG for 5 years. And we have already initiated 14 projects between Renault-Nissan and Daimler.” If you would like to learn more about the latest Nissan news, stay tuned to Coast Nissan’s blog.

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