Report: Ghosn, Saikawa Mulled 4th Partner in Renault-Nissan Alliance
Last autumn Nissan Motor Co.’s chairman and CEO were considering whether to add a fourth company to the Renault-Nissan-Mitsubishi alliance, says Bloomberg News.
The news service cites a lengthy email from CEO Hiroto Saikawa to then-Chairman Carlos Ghosn that raised the possibility of another carmaker partner, perhaps Chinese.
The memo was sent a few months before Ghosn was arrested on charges of financial misconduct at Nissan and stripped of his chairmanships of all three alliance companies. He is now on restricted bail in Japan, awaiting trial.
In his message, Saikawa said he had been working on his own through the summer to find a structure for the alliance that would be “acceptable” for Renault and Nissan. At the time, Renault was pressing to fully merge the two companies, but Saikawa and other Nissan executives objected.
I'm not talking about a plastic Revell model of a '57 Chevy, but a real vehicle, one that rolls off an assembly line in 1999 with another 99,999 just like it right behind. Is it possible, or is this just a fantasy of the marketing department at Elmer's?
When Suzuki developed the GSX1300R, it set out to build the fastest mass-production motorcycle on the market. As competitors gained ground and stringent emission regulations were set, Suzuki set out to reinvent the bike.
The little car that could still can. And this time as a car that not only gets great fuel economy, but which has ride and handling that makes it more than an econo-box (and its styling is anything but boxy).