Carlos Ghosn Industry Quotations

Nissan delivered a solid performance in fiscal 2005 despite the many challenges facing the global auto industry including higher raw material prices, higher energy costs, higher interest rates and higher incentives.

The plant closures, however painful, will guarantee the future of the remaining plants by allowing them to be industry leaders, both in terms of productivity and cost effectiveness.

Our objective is to position Nissan in the top rank of the car industry. Until we get there, there will be no rest.

You'd be hard-pressed to name another industry in which so much emphasis is placed on discounting to move products.

We're going to be facing in 2006, 2007, I'd say at best stagnation. It's an industry where you have to move all the time. You have to question yourself all the time. You have to challenge the way you're doing business all the time.