PARIS | Carlos Ghosn: From auto industry icon to scandal

26Nov - by Editor - 0 - In STL.News



PARIS— A trailblazer and visionary in the auto industry, Carlos Ghosn is also a highflyer prone to excesses that may have helped bring on his surprise downfall as head of the world’s best-selling auto group.

Ghosn turned around France’s Renault SA and then Japan’s Nissan Motor Co., eventually linking them in an alliance with Mitsubishi Motor Corp. in their top-selling venture.

But while renowned as an industry cost cutter, he spent lavishly on himself, thanks to multi-million-dollar salaries from the three companies.

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