In what may be the world's stupidest move ever (or at least a tacit admission that Renault cars simply don't cut it), Renault CEO Carlos Ghosn says that Renault will stop manufacturing cars in China and instead focus on the Middle East. To this we say, "WTF?" In a few short years, China will be the world's largest automobile market, and Iran will still be...Iran. So what gives? This makes two bonehead moves for the previously infallible Nissan/Renault CEO: first the move of Nissan HQ from California to Tennessee, and now this. Amazing.
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