Mass-market automakers had thin enough margins before the current market downturn as new car sales sink in the face of what Renault CEO Carlos Ghosn has described as "a perfect storm". Renault’s Chief Financial Officer Thierry Moulonguet explains to FDE that it is now most evident that the motor-making businesses that are going to survive best are those that have already put their procurement houses in order. Renault with its tie up with Nissan shares arguably the most far-reaching global procurement systems and strategies.
Elsewhere in the edition we look at short selling in a financial meltdown and feature exclusive interviews with the CFOs of Laing O’Rourke and Software AG.