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Carlos Ghosn's automaker mantra: Go big or you'll go away
Tue, 25 May 2010Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.
BMW supercar stars in CAR’s new issue
Mon, 26 May 2008By Phil McNamara First Official Pictures 26 May 2008 11:16 BMW is preparing the M1 Hommage concept for production, the new issue of CAR reveals. ‘We have the know-how, we have the right engine, we even have the infrastructure to build such a car,’ vows BMW board member Herbert Diess. The supercar was shot exclusively for CAR, and following interviews with BMW executives, our July issue reveals key project details including:• The timetable for production• The three-strong powertrain line-up• The lightweight body construction• The plan for ‘heron-wing’ doors, and a driver-focused, multi-layered interior • And why BMW’s new supercar won’t be called M1 Read the story in the July issue of CAR, on sale Wednesday 28 May.
The Porsche 911: the car that shouldn’t work but does
Fri, 17 Jun 2011Humanity might struggle perpetually with questions like the meaning of life, but it does know one thing for sure: rear engine cars are bad. Like a sling shot, the heavy engine at the back is always trying to overtake the driver in front. Anyone can understand that.Yet the Porsche 911 - one of the fastest cars on the market, and one of the most enduring in history - has its engine at the back.