Last week, the Alliance confirmed the next step in its partnership with Bajaj Auto by signing an MOU to build an affordable four-wheel vehicle for India and other emerging markets.  Although this was an expected milestone in a single program, it also represents a larger more significant strategic direction for the Alliance: mobility for all.

On Tuesday, Carlos Ghosn spoke at the Detroit Economic Club. In a moderated Q&A with Dan Howes from The Detroit News, Ghosn covered three broad themes: the consolidation trends driving the industry, the shift towards sustainable (zero emission) mobility and the opportunities presented by emerging markets.

On consolidation, Ghosn spoke about the major forces that are creating the next wave of tie-ups among the automakers. First, if manufacturers are to develop the vast and complex range of technologies that are required to be legally compliant (emission regulations etc) and be appealing to consumers, footing that investment bill across the largest scale will inevitably drive competitiveness.