The proposed tie up between FIAT Chrysler (FCA) and the Renault-Nissan-Mitsubishi Alliance was always going to be a long road to travel and a tough one to pull off. If it had happened, it would have put the new structure in second place to Toyota in market capitalisation terms, leapfrogging their European rival Volkswagen. The pressure to run with the idea came from two very … [Read more...]
Renault-Nissan-Mitsubishi Crisis Update
It's been an interesting few months for the Renault-Nissan-Mitsubishi Alliance. As we have described before, it seems that Nissan were getting more uncomfortable being the revenue generator of the group yet had no voting rights, so couldn’t progress any of their plans inside the alliance. Then when Carlos Ghosn was arrested on financial fraud charges, the wheels literally … [Read more...]
Renault-Nissan-Mitsubishi Alliance Crisis
Recently Motoring Weekly wrote an article about the Renault-Nissan-Mitsubishi Alliance that described the history of the loose grouping of manufacturers and the marques associated with them. This was to set the scene for this article about the management crisis that has enveloped the alliance. Back in November of last year, Carlos Ghosn, the CEO of the Alliance and the … [Read more...]
The Renault-Nissan-Mitsubishi Alliance
Over the years Motoring Weekly has discussed conglomerates of marques such as British Leyland Motor Company and American Motors Corporation where the parent company swallows several manufacturers to find cost savings by sharing parts and designs. Another way to do this is to have an alliance where the ownership of each entity is still open and where there is no true … [Read more...]
The New DeLorean Motor Company
Recently Motoring Weekly wrote a potted history about DeLorean, the stainless steel, gullwing sports car that was going to take the US by storm in the early 1980s until cash flow and legal troubles halted the infant company. When the company collapsed after making between 8,500 and 9,000 units, there was a factory full of parts and these were bought by an English ex-pat living … [Read more...]