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Carlos Ghosn at Geneva Motor Show 2017
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Translation from English to Russian
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Renault for non-native English speakers
Published 16 Dec 2017
Renault-Nissan Alliance Chairman and CEO Carlos Ghosn hosted a question and answer session with the media at the 2017 Geneva International Motor Show. Find out what he had to say about industry consolidation, the European car market, his strategy for Mitsubishi Motors, brand differentiation at the Renault-Nissan Alliance, Alliance sales and more.
RENAULT NISSAN
Geneva International
Motor Show 2017
International Media Q&A with Carlos Ghosn
00:01 Renault F1 Team
RS25 Engine sing "We Are The Champions"
00:26 You're seeing a different manifestation of the consolidation of the
industry going on, driven by the same needs, driven by the same realities.
00:35 I would say, augmented recently with the disruption coming on
technologies, particularly in the fact that everybody is investing in electric
cars.
00:49 Because at a certain point in time, in urban circulation, this will be
mainstream.
00:54 Autonomous car, connected cars - all of this is adding to the reasons for
which this consolidation is taking place.
01:04 We made a move recently with Mitsubishi.
01:06 Now, with our friends at Mitsubishi, we're developing the Synergy Plan.
01:11 Masuko-san is here.
01:13 We had a lot of meetings with the dealers of Mitsubishi.
01:16 Is interesting.
01:17 They are fired up with the Alliance because they see that Mitsubishi as a
brand is going be respected, because we have a long tradition of respecting
different identities.
01:29 Mitsubishi will benefit on huge scale, and also frm access to platforms
and access to technologies developed by Renault-Nissan, so it's a real win-win.
01:40 Today, after 17 years of collaboration between Renault and Nissan, the
Renault cars are very different to Nissan cars, and we don't have any
significant cannibalisation between the brands.
01:53 And we don't even have a lot of cross shopping between the brands.
01:56 We have the intention to continue to do that, so don't expect anything in
terms of look alike cars between Mitsubishi and Renault of Mitsubishi and
Nissan.
02:06 Can Europe come back to the level it was at before?
02:08 Yes.
02:09 There is no reason not to.
02:10 An by the way, we were being consistently pessimistic - not only
Renault-Nissan, but all carmakers were being pessimistic on the level of the
European market.
02:19 Well, we were forecasting 1.5% to 2%, so the year is starting much better
than we thought.
02:25 There are no reasons not to see the European market coming back to what it
was before.
02:30 I've been CEO for 16 years.
02:32 I've been in charge of the company for 18 years.
02:35 By the way, it continued up to the 1st of April.
02:38 I'm going to be concentrating more time...
02:42 As you know...
02:44 Chairman and CEO of Renault, supporting Mitsubishi, supporting the Nissan
team, even though don't think they're going to need a lot of it, and,
particularly, continuing to develop the Alliance.
02:58 Because we see a lot of opportunities for the Alliance both in terms of
synergy and also of expansion
03:04 With 9,960,000 cars sold in 2016, normally, we should be very, very near
the leader, the leader being Volkswagen, which announced 10.3 million.
03:17 But if you take off the heavy trucks which are being counted in, they are
probably at 10.1 million etc. which means there is no difference in terms of
volume.
03:29 That's what matters.
03:30 Obviously, you always prefer to be number one rather than number two or
three in a competition.
03:35 Does it matter for business?
03:36 Not at all.
03:37 Does it matter for the motivation of people?
03:39 Yes.
03:40 People always like to be part to the number one top automotive group, even
though, in my opinion, it's not very significant when it comes to the real
performance of the company.
RENAULT NISSAN