Ghosn on the Future of the Auto Industry

The transcript covers discussions on Theresa May's speech and its implications for investment in the UK, focusing on competitiveness and government assurances. It also explores the impact of currency strength and tariffs, the role of a letter from the UK government in investment decisions, and the automotive industry's response to US trade policies. Additionally, it highlights Nissan's support for Mitsubishi and the potential for future growth.

What was the primary concern for businesses regarding investments in the UK post-Brexit?

• The competitiveness of their facilities

• The political stability of the UK

• The availability of skilled labor

• The environmental regulations

What is the role of the UK Government's letter in the decision to invest in the UK?

• It was the sole reason for investment

• It confirmed prior discussions and decisions

• It introduced new investment opportunities

• It discouraged further investments

Which factor is mentioned as potentially enhancing competitiveness when exporting?

• High tariffs

• Increased labor costs

• Strong currency

• Weak currency

What message did the incoming Trump administration convey to car manufacturers?

• Reduce production costs

• America first and jobs in the United States

• Focus on innovation

• Increase exports to Europe

What is the long-term focus for businesses in North America according to the transcript?

• Short-term profits

• Reducing workforce

• Long-term competitiveness

• Immediate expansion

How do businesses plan to respond to potential changes in trade agreements like NAFTA?

• By increasing prices of their products

• By immediately halting all exports

• By waiting for new rules and adapting accordingly

• By relocating all operations to Asia

What is the expected outcome for Mitsubishi with Nissan's support?

• Immediate profitability

• Significant potential for recovery

• Complete shutdown

• No change in status