The Renault-Nissan alliance wants to take its share of the Chinese market from 6% to 10% by 2013 while also growing US share from 8% to 10%, CEO Carlos Ghosn told Paris Match magazine.
Renault is not in either market – and has no plans to [re-]enter the US – but will establish a presence in China one day using Nissan’s infrastructure, said Ghosn.
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Nissan has been in China since 2002; China overtook the US last year as the world’s largest auto market.
“If we target too many markets at once, we will not make progress anywhere because we won’t have sufficient strength,” Ghosn said.
