Nissan CEO Ghosn Is Waiting on U.S. Political Decisions

The video discusses the automotive industry's need to adapt supply chains in response to potential changes in trade agreements like NAFTA. It highlights the trend towards industry consolidation for achieving scale and competitiveness, citing examples like Opel and Vauxhall's sale to Peugeot Citroen. The speaker emphasizes the importance of growth through scale, as seen in the Mitsubishi and Renault Nissan collaboration. Additionally, the video addresses the impact of nationalism and protectionism on trade, suggesting that while fair trade is currently emphasized, free trade benefits will prevail.

What is the speaker's approach to dealing with changes in trade agreements like NAFTA?

• Immediately adapt supply chains

• Wait for decisions to be made

• Speculate on possible outcomes

• Ignore the changes

Why does the speaker believe industry consolidation is important?

• To limit technological advancements

• To increase product prices

• To achieve scale and competitiveness

• To reduce the number of competitors

What is the speaker's view on the current protectionist measures?

• They are permanent changes

• They are temporary corrections

• They will lead to more free trade

• They are beneficial for all industries

How does the speaker suggest companies should handle the trend of nationalism?

• By increasing domestic production

• By relocating their operations

• By focusing on fair trade

• By ignoring government policies

What does the speaker predict about the future of free trade?

• It will only benefit large companies

• It will become less relevant

• It will continue to be advantageous

• It will be replaced by protectionism