What Carlos Ghosn Sees In Brazil

Nissan this week is announcing that it will invest about $1.5 billion in a new assembly plant near Rio de Janeiro, Brazil. Its strategic partner, Renault, will invest about $750 million to expand an assembly plant in near Curitiba, Brazil. The push is aimed at more than doubling the combined share of vehicles sold by the two automakers in Brazil, which just last year became the world's fourth-largest vehicle market. Carlos Ghosn, chief executive of Nissan and of Renault, discussed automotive investment, as well as global politics and economics, in a phone conversation with Fortune from Brazil.