The French Revolution of automotive manufacturing industry
February 2017 will go down in history as a crucial moment of the The French Revolution of automotive manufacturing industry, this was highlighted by PSA automotive group takeover of Opel (Germany)/Vauxhall (UK) at almost £1.1bn from USA GM automotive, this automatically qualifies PSA Group as the second largest car manufacturer in Europe after volkswagen.
The revolution continues by Renault Nissan Group in the appointment of new CEO Hiroto Saikawa at the head of Nissan from April 2017, we should be reminded that this revolution was started by Renault when its alliance with Nissan began about two decades ago. It is clear to many that it's Renault leading the revolution, for instance last year Mitsubishi Group of automotive joined the Renault-Nissan alliance this making Renault-Nissan-Mitsubishi Alliance possibly the biggest alliance in automotive industry and among the top five automotive manufacturers selling more cars.
One of the revolution's bomb shells dropped early March 2017, when the head of Nissan Carlos Ghosn voiced his concern stating that protectionism is not a way forward for auto manufacturers.
From what we can see is that this revolution is global this time, looking at the purchase of Opal/Vauxhall by PSA Group from GM and looking at what Renault-Nissan-Mitsubishi has achieved thus far leading in autonomous or electrical cars.