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Ghosn: No rush for partner

November 17, 2006 10:49AM by Michael Savio

carlos-ghosn.jpg

With the merger talks between Nissan-Renault and GM long over, Carlos Ghosn, CEO of Nissan and Renault, has said that the next time he goes looking for a partner, it will be on Nissan-Renault’s terms and timing. Right now Nissan and Renault have other, more pressing needs than looking for a third member for the alliance.

“The timing will have to be good for us. Right now the timing is not right from our side. We are not talking to anyone,” Ghosn said.

Ghosn said that Nissan-Renault is turning its attention to other, more important priorities, including getting Nissan’s North American sales growing again. Nissan is focused on launches of the Versa, Sentra, Altima and Maxima. Infiniti is in the middle of the launch for the new G35 sedan, and the coupe version due early next year. Nissan is also working on a small crossover called the Rogue, and the high performance GT-R.

Ghosn said that Nissan is watching how the Big Three deal with their legacy issues. While Nissan’s North American operations don’t have issues with retiree benefits and health care, its same issues may face Nissan in the next 10 years. Nissan is expecting to sell more vehicles in North America than it can build here, and the automaker needs to decide whether to expand production at its current North American plants, buy one of the Big Three’s closed plants, hire another automaker to build cars for Nissan, or import vehicles from Mexico.

## Source: Automotive News ##

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