F&I Management & Training

Renault-Nissan chief Carlos Ghosn has called for the European Union to take a more proactive role in co-ordinating aid for the continent's carmakers in the face of nationally-led bail-out plans. While acknowledging that one or more European carmakers could soon fail, Mr Ghosn also warned against the danger of individual governments intervening on behalf of carmakers. He said: "Europe cannot just blame national governments for taking initiatives and not take any initiative itself." He added: "Governments should help eliminate the obstacles on the car industry as a whole, not intervening on one particular carmaker." Brussels has so far resisted calls from the motor industry to devise a Europe-wide framework for aiding the sector.

DATED: 08.03.09

FEED: AW