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Carlos Ghosn is the CEO of Nissan Motor Co. of Japan and Renault S.A of France, which have benefited from a six-year cross-ownership alliance. This week, Ghosn was in the U.S. for talks with struggling General Motors, to test GM's appetite for forming a three-way alliance. Ghosn is perhaps the automotive industry's most accomplished executive, having pulled both Nissan and Renault out of nose dives. On his way to Detroit, he stopped in New York City to talk with TIME's business editor Bill Saporito. Here are his views on the potential GM hookup...
...GM's New Engine? An ailing carmaker seeks change Auto-biz turnaround whiz Carlos Ghosn, CEO of Renault and Nissan, visits Detroit this week to discuss an alliance with struggling General Motors, whose shareholders are agitating for reform--and a higher stock price...
...clear on the phone, in no way revealing her 71 years, Whitman has always maintained a realistic mentality. “I just went ahead and did my thing, and never went in for the blue suits and little bowties,” says the previous board member of GM, Unocal, and Proctor & Gamble. Whether it was women at parties or a mother-in-law who was “genuinely disturbed” by a daughter-in-law with two kids and a job, “it’s one thing to look back...
Satellite radio's initial focus was on commuters and their cars, mostly from GM. But XM has long since realized that to keep growing, it has to be heard even when you're not rolling in your 'Sclade...
Lutz is right about the perception problem: GM needs Wall Street and the media to stop mentioning the B word. Analysts say GM has lost one percentage point of U.S. market share in the past year - about 170,000 vehicle sales - as buyers shun its models, fearing a meltdown. Company execs stress that GM has ample cash. But bankruptcy is a psychological event as much as a financial one; Delphi sought Chapter 11 protection not because it ran out of money but because it ran out of credibility, sparking a run on the bank. "Someday, someone will be brave enough...