new cars in Europe, and restrictive contracts with labor unions preventing the deeper cuts needed to rationalize production, Renault will start manufacturing the next-generation Nissan Micra in 2016 in an effort to more effectively utilize excess production capacity at its factories in France.
Still pessimistic about growth prospects in Europe, Renault/Nissan
CEO Carlos Ghosn said he didn’t expect a major turnaround in European
sales, and at best, market stability in 2014 and 2015. However, in
regard to global and emerging markets, Ghosn said he expected sales
would go from “record to record” citing figures that there is only one
car per four people in Russia and Brazil, and just one car per 20 people
in China, saying “The BRICs are here to stay for a very long time,”
Ghosn told Bloomberg.
By contrast, new car sales in Europe are at a 20-year low, with the
unemployment rate across the 17-nation European union standing at 12.2
percent in April. Such weakness in the European market is reportedly
prompting Fiat/Chrysler to consider moving the headquarters of its
combined operations from Turin, Italy to the United States.
The third-generation Renault Clio and Nissan Micra and Tiida shared a
platform, and it’s likely the next-generation Nissan Micra will share
its chassis and key components with a related Renault model. One of
Nissan’s largest European plants is the Sunderland facility in the U.K.
Thanks to: Motor Trend