Fugitive Carlos Ghosn predicts key shakeup in auto industry electrical power heart

Previous Nissan boss and intercontinental fugitive Carlos Ghosn predicts a main reordering of the power centre in the auto sector, he advised Axios in an unique interview.

Why it matters: Ghosn was when 1 of the automotive industry’s most effective leaders — among the the first important execs to make investments in electrical motor vehicles. His reviews now arrive for the duration of a key inflection stage in the sector’s changeover to EVs as providers struggle for positioning.

Driving the news: “I’m staying solicited a great deal by predominantly tiny and startup organizations which are attempting to create for by themselves a highway into this new industry,” he states.

  • The when-world-trotting citizen of Lebanon, Brazil and France spoke on Zoom from his residence in Beirut, holding his phone vertically and reclining on a sofa with a sprawling bookcase in the qualifications.

Ghosn tells Axios he’s not intrigued in top a big automotive enterprise anymore, even if his expenses vanish, expressing he no extended has the motivation to do so. But he’s happy to seek advice from with organizations that make contact with him about how to tackle electric vehicles and self-driving automobiles.

  • “I’m trying to assistance firms get rid of the past,” he says.
  • Ghosn had large praise for Tesla and Elon Musk, marveling at the corporation surpassing $1 trillion in current market capitalization. He states businesses like Tesla and Rivian are most effective positioned to win the EV race.

The significant image: Ghosn predicts common automakers like Nissan, GM and Ford will not be equipped to retain up with startups, which “don’t have the rigidity of head.”

  • He acknowledges that GM and Ford, in specific, have made progress with the introduction of electric powered pickups like the Chevrolet Silverado and Ford F-150 Lightning. But he claims they are going to proceed to shrink.
  • “A large amount of companies are heading to be still left powering,” he says. “If you do not go 100% electrical, you are not likely to be component of this field any longer.”

Catch up fast: Japanese authorities and Nissan in late 2018 alleged that Ghosn underreported his compensation, a criminal offense in Japan. He’s denied any wrongdoing.

  • A yr later, Ghosn escaped residence arrest in an elaborate plot. He tucked himself within a musical products box to elude the law enforcement and airport safety, and flew by way of Turkey on his way to his boyhood Lebanon, which has no extradition treaty with Japan and hasn’t taken action against him. More than 50 % a dozen alleged accomplices have been later on arrested.

What’s subsequent: If he simply cannot get Japan to fall fees or if Interpol doesn’t withdraw its “red notice” trying to get his detainment, Ghosn may well commit the rest of his lifetime in Lebanon.

  • Ghosn tells Axios he’s nonetheless irate at what he termed Japan’s “hostage justice program,” presented its 99.3% conviction price. He maintains his innocence and the innocence of fellow former Nissan govt Greg Kelly, who is
Read More... Read More

BizVibe Highlights Key Challenges Facing the Automotive Parts, Accessories, and Tire Stores Industry

NEW YORK, Nov. 3, 2021 /PRNewswire/ — BizVibe has added key challenges and trends for automotive parts, accessories, and tire store industry profiles on their platform. All 17,000+ company profiles will now contain 50+ company data points, including a list of potential challenges which are expected to impact market participants over the next few years.

Snapshot of key challenge impacting BizVibe’s automotive parts, accessories, and tire stores industry group.

One challenge which is being highlighted is the current drop in automobile sales. Multiple factors are affecting automobile sales, including the rise of shared mobility ecosystems, improvements to public transport infrastructure, and sustainability concerns. To add to these challenges, COVID-19 lockdowns, social distancing norms, and decreased disposable income have discouraged customers from car purchases for a prolonged period. Sales of auto parts are directly dependent on the number of vehicles on the road, and therefore sluggish or declining growth in automobile sales is expected to also impact the growth potential of these stores. By identifying such challenges, BizVibe is helping users analyze which suppliers are right for their business, while allowing them to efficiently monitor the risk of doing business.

Get Free Access to all Industry Challenges

Key Insights Provided for Automotive Parts, Accessories, and Tire Stores

In addition to analysis on how key challenges are expected to impact businesses, BizVibe company profiles contain numerous high-quality insights to help users discover, track, compare, and evaluate suppliers or sales prospects. These insights include:

  • Relevance and influence of industry trends and challenges, segmented by region

  • Press releases and news coverage referencing key trends and challenges

  • Risk of doing business score, segmented by operational, financial, compliance, and country risk

  • Top company competitors at the global, regional, and national levels

  • Names of top company decision makers, including job titles and social profiles

  • Company financials such as annual revenue, profitability ratios, and management effectiveness

View 50+ Company Data Points for Free

Automotive Parts, Accessories, and Tire Product and Service Categories

BizVibe’s platform provides access to 30M+ buyer and supplier company profiles. Businesses from more than 200 countries are categorized into 40,000+ product and service categories, each providing detailed insights tailored to the needs of procurement and sales teams globally. The automotive parts, accessories, and tire stores industry group features 17,000+ company profiles categorized into multiple product and service categories, enabling clients to identify and connect with potential new business partners across diverse market segments.

Get Free Company Profile Access for all Categories

BizVibe for Buyers and Sellers

BizVibe is a modern B2B platform dedicated to connecting buyers and sellers from around the world. Powered by the latest best-in-class solutions, BizVibe is designed to help companies generate leads, shortlist suppliers, request proposals, and identify global companies. Evaluate companies side-by-side to compare key metrics and initiate productive partnerships.

Buyers use BizVibe to discover suppliers from among more than 5 million companies using advanced search filters and comparison tools. Features for buyers include:

  • Shortlist potential suppliers

  • Track and compare companies

  • Set up custom news alerts

  • Quickly

Read More... Read More