Category Archives: CarlosGhosn

Report: Rattner bio reveals Obama Administration wanted Ghosn to run GM

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Filed under: Government/Legal , GM , Celebrities Steven Rattner , former automotive adviser to President Barack Obama, has just written a juicy account of last year’s automotive bailout, complete with insights on the coming and goings of CEOs, courting foreign saviors and the General Motors plan to abandon its Renaissance Center headquarters. In his book, ” Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry, ” Rattner says that GM wanted to walk away from its expensive towers in downtown Detroit and move to Warren, MI. While the move would have likely saved the company plenty of money and lent the impression of a hands-on management approach, the Obama administration apparently refused to allow the move, saying that it would cause a double-digit drop in property values in the area. There’s also the fact that GM pays around $20 million in taxes to Detroit per year

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Report: Rattner bio reveals Obama Administration wanted Ghosn to run GM

Report: Nissan to pay directors four times more than Toyota

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Filed under: Hirings/Firings/Layoffs , Japan , Honda , Nissan , Toyota , Earnings/Financials According to Bloomberg , Nissan is the place to be a director for a Japanese automaker. According to a new article, Nissan Motor Company hands its directors close to four times the amount of pay as its rival Toyota and three times as much as what Honda directors bring home. Averaged among all of Nissan’s directors, the heads of the company make around $1.5 million per year, compared to around $411,150 for Toyota’s gurus and $529,561 for Honda’s head honchos.

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Report: Nissan to pay directors four times more than Toyota

Carlos Ghosn: 2011 Nissan Leaf sold out

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Filed under: Car Buying , Hatchback , Nissan , Electric If you aren’t already on the list to purchase a 2011 Nissan Leaf , you’re officially out of luck. During a speech to the Detroit Economic Club today, Nissan CEO Carlos Ghosn announced that the U.S. market allotment for the first year’s production of Leafs is already sold out more than six months before the EV even goes on sale.

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Carlos Ghosn: 2011 Nissan Leaf sold out

Report: Carlos Ghosn gets four more years as Renault CEO

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Filed under: Hirings/Firings/Layoffs , Nissan , Renault What’s the least surprising thing you’ll hear all day? “Renault’s board of directors has re-elected Carlos Ghosn as Chairman and Chief Executive Officer for a four-year period, following the renewal of his directorship by the Annual General Meeting of April 30, 2010.” So, now that Ghosn has been reconfirmed as the man at the helm of the dual-headed Renault / Nissan alliance, what does he plan to do next? No, he’s not going to Disney World. “We will continue to accelerate synergies with Nissan as part of the Alliance, with new actions that should produce results in 2010,” answers Ghosn

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Report: Carlos Ghosn gets four more years as Renault CEO

Renault planning $2,500 Nano fighter for Indian market

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Filed under: Budget , Nissan , Renault , India , Electric Tata Nano – Click above for high-res image gallery Apparently inspired by the popularity of the Tato Nano in India, Renault and Nissan CEO Carlos Ghosn wants a piece of the low budget pie. The Nano, of course, grabbed the world’s attention when it came out with a base price tag of just $2,500. Speaking last Friday at the Renault annual meeting, Ghosn announced Renault’s intention to work with Nissan and the Bajaj Group to produce its own $2,500 car. It’s unlikely that the cheap Renault will be exported to Europe or North America, although it could go to other emerging markets.

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Renault planning $2,500 Nano fighter for Indian market

Report: Infiniti G to get four-cylinder Mercedes engine

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Filed under: Coupe , Sedan , Plants/Manufacturing , Infiniti , Mercedes-Benz , Luxury 2009 Infiniti G37x S Sedan – Click above for high-res image gallery We’ve all been wondering exactly what flavor of fruit the Daimler AG/Renault-Nissan mash-up would bear, and now it looks like we may have our first answer. Starting soon, the Infiniti G will boast an efficient four-cylinder engine borrowed straight from Mercedes-Benz. AutoWeek reports that Nissan head-honcho Carlos Ghosn confirmed the news himself, though so far we have no indication of exactly which four-pot will make its way into the Japanese sedan or when it will be available to buyers.

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Report: Infiniti G to get four-cylinder Mercedes engine