Renault SA

Nissan could face cost-cutting ‘carnage’ in Honda merger

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Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan … Read more

Car giants endured a torrid 2024 and few expect 2025 to be much better

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An employee of the Volkswagen plant in Zwickau stands next to the VW logo on the factory premises during an information event organised by the Works Council of Volkswagen Saxony in Zwickau, eastern Germany, on October 28, 2024.  Jens Schlueter | Afp | Getty Images A perfect storm of challenges for the European automobile industry … Read more