Ghosn agrees with stricter CO2 emissions regulations

Posted on Friday, 26 October 2007 , 19:10:34 byEmil

Filed under nissanrenaultcarlosghosnco2emissionNissanRenault

Ghosn agrees with stricter CO2 emissions regulations

The top executive in the Nissan/Renault alliance – Carlos Ghosn says he thinks the call for stricter CO2 emissions regulations and a better economy in fuel it`s more than a challenge, it`s an opportunity.

`I don`t consider CO2 (regulations) or climate change as a (problem.) I see it as an opportunity. What you want is a car that`s going to be a showcase for performance and performance is many kinds of things. Controlling CO2 is part of performance; fuel efficiency is part of performance. I think this a chance to adapt the car to the 21st Century` said Ghosn.

`We`re seeing a lot of interest in these technologies` Ghosn told the press at the Tokyo Motor Show.

`We already have a partnership in China with Dongfeng. We're going to establish a partnership in India . But when I was talking about expanding the alliance. I was talking mainly about a North American partner` Ghosn explained. `Because, overall, that`s where our presence is today the smallest. Nissan has about five-percent market share and Renault has zero. In Europe we are much bigger and in Asia it`s coming`.

The alliance Renault/Nissan is made on mutual consent: `GM`s management has made it clear it isn`t interested` he said.

`I`ve had no contacts. I`m not looking for anything particular today` he said. `If you go for a strategy of a third partner, (we) have to make sure your house in order` added Ghosn, who said Nissan`s profits and sales had slipped last year.

`I think at the best, it will be about the same as this year` Ghosn said. `Remember, though, 15.5 million to 16 million units isn't a disaster. Fortunately our pipeline is full` he said.