politics

Abe, Macron arranging to meet at G20 to discuss Nissan-Renault alliance

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19 Comments
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He is gone again? Does he not like Japan?

0 ( +1 / -1 )

Macron must stop to play around with those people. Either Abe comes up with strong reasons to explain why his country is holding Ghosn without any charge, or Macron asks that the CEO of France major car company to which his government owns shares get released immediately. Stop to play with those clowns, time to get tough with them if that's the only way they understand.

Ghosn is a French citizen and must be protected from the abusive and archaic Japanese justice system which apparently did not bother to put in jail the executives of Olympus, Toshiba or Takata despite the fact that they were found guilty. I am just giving here three examples but the list of similar favorable treatment is very very long.

3 ( +9 / -6 )

He is gone again? Does he not like Japan?

Bit different to Trump eh.

He would rather lounge at home. Not turning up to APEC was mindblowing.

I would probably be the same if I was criticized for everything I said, good, bad or indifferent.

-1 ( +1 / -2 )

That massive airplane just for Abe and his wife! I hear another shadows it just in case there is a mechanical failure.How big is this dude's ego?It's costing the taxpayers of Japan huge bucks.I'm sure he sometimes takes his Japan Inc. cohorts on overseas trips as well.How do they afford it?Oh yeah,just remembered they kick the can down the road for the grandkids to pay for,except Abe and his wife don't have any,so they don't give two hoots.

-2 ( +3 / -5 )

Governments should not be involved.

0 ( +2 / -2 )

Carlos Ghosn has already been sentenced by negative press which has a fair number of Japanese people already thinking Ghosn is guilty before the fact.

What a lesson to anyone considering Japan as a place to do business, a place where detention goes on and on without charges being pressed!

And as for Abe?

It seems that he will jump at any chance for a photo opportunity and to spend the tax-payers’ money.....

1 ( +3 / -2 )

Governments should not be involved.

Car manufacturing is considered a national strategic and security issue now.

Europe and Japan care no less about their car industry than America.

And unfortunately the reality is that Nissan, Renault and Mitsubishi have to compete with the likes of the massive state subsidized Chinese brands now and until that ends, they are forced to play the same game if they consider it important enough.

Which is why either one of two things needs to happen

a) China needs to give up its state capitalist economics model

b) Everyone else needs to play the same game as China.

c) Massive tariff walls against Chinese cars.

1 ( +1 / -0 )

"Massive tariff walls against Chinese cars"...... I like the idea, and indeed against many other goods, but there is another solution, devalue the currencies of all developed nations to compete.

0 ( +0 / -0 )

"Massive tariff walls against Chinese cars"...... I like the idea, and indeed against many other goods, but there is another solution, devalue the currencies of all developed nations to compete.

Currencies of developed nations are based on floating exchange rates.

Developed countries face massive debt problems, a significant decline in the worth of their currency means big increases in servicing that debt.

The cure is worse than the problem.

1 ( +1 / -0 )

Renault's profit come from stock holdings of Nissan, no surprise Macron with diminishing popularity is sweating in the middle of winter.

2 ( +2 / -0 )

Hope everything work out nicely.

1 ( +1 / -0 )

Abe has advantages, no doubt about it. Japanese car makers made huge change in Chinese market, Nissan, Honda, Toyota, all will make China first EV cars.

0 ( +0 / -0 )

Renault will also make China first EV car in China. Interestingly, both Renault and Nissan partner with the same Chinese car maker.

0 ( +0 / -0 )

Nissan just celebrated its 40 years partnership with China. Nissan has advantages in Chinese market than Honda and Toyota, that is a result of its vision. Now it is time for Japanese companies to consolidate. GM is still ahead.

0 ( +0 / -0 )

Japanese companies (even though fully state own companies) can buy foreign companies. But none is allowed to buy a Japanese company.

Stop crying the Renault-Nissan deal is unfair.

If Renault would have been bankrupt and Nissan was rich, Nissan would have bought it right away.

Can anyone mention a significant Japanese company that have been bought from a foreign one?

0 ( +1 / -1 )

This whole idea that XXX company is some nationality is just STUPID!

Yes Nissan did start as a Japanese company but read the damned article Renault OWNS 43% of NISSAN!!

NEWS FLASH, that make Nissan an INTERNATIONAL company NOT a JAPANESE one

DOH!!!

This is going to get really hairy, I as many others have been saying Ghosn may well be guilty of things but Japan is looking incredibly STUPID with how this is going down

0 ( +0 / -0 )

kibousha

Renault's profit come from stock holdings of Nissan, no surprise Macron with diminishing popularity is sweating in the middle of winter.

Exactly..

Renault needs Nissan. They don't want the "alliance" to break bc it will cost thousands of jobs thay will cloud Macrons leadership.

Nissan wants to negotiate a new balance.

Moreover, Renault is currently also running their own investigation of Ghosn.

He has done a lot there that has angered Renault shareholders.

0 ( +0 / -0 )

If I were Macron, I would order the purchase of 4% of Nissan shares, and order the firing of all the coup plotters.

0 ( +0 / -0 )

Macron must stop to play around with those people. Either Abe comes up with strong reasons to explain why his country is holding Ghosn without any charge....

Agree. In the civilised world hostage taking is illegal.

0 ( +0 / -0 )

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