MercoPress http://en.mercopress.com/ South Atlantic News Agency en Copyright 2013, MercoPress. http://en.mercopress.com/web/img/en/mercopress-logo.gif MercoPress http://en.mercopress.com/ <![CDATA[Renault reviewing production costs in France and bid decisions in the pipeline]]> CEO Carlos Ghosn the car maker could disappear “in its current form” French car maker Renault is considering the complete closure of factories because of the dire state of the European automobile market, the company's chief operating officer was quoted on Sunday.

]]> Mon, 01 Oct 2012 09:05:00 GMT <![CDATA[Nissan announces 1.4bn factory in Brazil as it moves overseas fleeing Super Yen]]> A stabilized exchange rate please says Nissan CEO Ghosn Nissan Motor Co CEO Carlos Ghosn said Japan faces a “hollowing out” of its industrial base should the government fail to take steps to counter the Yen’s rise. Ghosn statements could also be interpreted as a subtle message since Brazilian manufacturing faces problems with a too strong Real.

]]> Fri, 07 Oct 2011 05:26:00 GMT <![CDATA[Renault-Nissan plans to double production and market share in Brazil]]> CEO Carlos Ghosn is expected to announce another major investment in Rio do Janeiro French automaker Renault will invest 285 million dollars to expand its factory in Brazil and boost production as part of a sales offensive in Latin America's largest economy, Chief Executive Carlos Ghosn announced on Wednesday.

]]> Thu, 06 Oct 2011 05:08:00 GMT <![CDATA[Japan’s number 2 automaker plans to increase production in Brazil]]> The “uncompetitive level of the Yen” one of the reasons says Nissan CEO Carlos Ghosn Japan's number two automaker, is planning to invest 1.5 billion dollars to build a factory in Brazil that might produce electric cars, according to reports in the media.

]]> Wed, 28 Sep 2011 06:21:00 GMT