Soaring costs likely to spark more alliances: Auto executives see GM-PSA deal as a sign of the new global order

摘要

GENEVA - Carlos Ghosn says the need to invest in new technology and operate on a global scale will keep pushing companies into alliances like the one announced recently by General Motors and PSA Peugeot Citroen. "You are going to see more of it," said the Renault-Nissan CEO, adding that "nobody can afford today not to be present in geographical zones, nobody can afford not to have technologies - electric cars, fuel cells, hybrids, or downsized turbo engines - no one can afford that. And this requires more and more investment that nobody can do."