President-elect Donald Trump has threatened to impose a border tax on cars produced outside the United States — something that could affect the auto industry given how important the U.S. market is for them.
Carmakers might be concerned with several threats from the incoming president on where they build new plants, but the chief executive officer of Renault-Nissan believes the sector will adapt to Trump's policies.
"The U.S is the second largest car market in the world … and we have to adapt to the evolution of the administration in the United States, not the other way around," Carlos Ghosn told CNBC on Wednesday.
Ghosn said that the protectionist policy had been set out and the industry is now waiting for the details.
"We will increase capacity in the years to come, and we will be waiting for the policies now … before making a decision," he said.