Word: renaults
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...doesn't take a leap of faith to imagine a healthy Ford Motor. Chrysler bounced back under Dieter Zetsche, who emphasized distinctive design and management discipline. Now he's a TV star. And Nissan was nearly bankrupt when Renault's Carlos Ghosn flew in and orchestrated a stunning turnaround (he declined overtures from outgoing CEO Bill Ford to try the same trick in Dearborn). Central to both revivals, however, is something Ford has too often forgotten: it's all about the car, stupid. "No automotive turnaround has been successful without a steady flow of strong products," notes General Motors chief...
...role confining at times. And it has been clear for some time that he wanted out. In a press conference a year ago, he obliquely acknowledged that he had held discussions about a possible job at Ford with two of the industry's premier executives: Carlos Ghosn of Renault-Nissan and Dieter Zetsche of DaimlerChrysler. (Bill Ford says "the list was half that long...
...partnership of two companies - and completely. Nissan is not a subsidiary of Renault. The two companies have two different boards, they have two different executive committees, two different shares, one is trading in Tokyo, the other one is trading in France. And it has been successful now for seven years. You know that you can be successful for six months, for one year, but when you are successful for seven years, growing and delivering profit and value, it's significant of the fact that you have a system, which is stable, and a business in which people feel comfortable working...
...What is the most important thing that Nissan-Renault can offer...
...tell you what is interesting: when we put Renault and Nissan together, we took a lot of items and we said, OK, what can we do together on these particular lines, and at the end of the day, we discovered that after six years we did much more than we thought. Even though we were not able to quantify them, because it is hard to say what is due to the alliance, and what is due to your own effort. For example, if you have your own purchasing strategy, how much of the purchasing cost reduction...