In 1999, Carlos Ghosn was the Renault executive vice president who was handed the mission of finding a way to fuse two automakers – nearly bankrupt Nissan and chronically underperforming Renault—into one healthy enterprise.
The Renault Nissan Alliance has proven itself to be a vibrant, stable, competitive, and pro table global mobility business.
Ghosn was arrested on Nov. 19, 2018 and indicted on charges of underreporting his income from Nissan to Japanese authorities. Within a week of Ghosn’s arrest, the boards of Nissan and Mitsubishi voted to strip him of his chairmanship.
Read the article at Fortune.
The post The Rise and Fall of Carlos Ghosn appeared first on Fleet Management Weekly.
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