Entries tagged "Carlos Ghosn"
Congressional calls for the replacement of General Motors Corp. CEO Rick Wagoner as part of the government's loans to the troubled automaker have prompted speculation in the media and blogosphere about who might replace him. The Wall Street Journal speculated earlier in the week that Nissan Motor Co. Ltd. and Renault chief Carlos Ghosn is a good bet given his track record of quickly turning around Nissan earlier in the decade -- and a speedy recovery is a key provision of the bailout bill. Others suggest an internal GM choice such as COO Fritz Henderson, but Washington may not find...
In the year since Cerberus Capital Management LP bought Chrysler LLC, auto industry watchers have been waiting to see what fresh ideas private equity ownership might inject into the struggling company. Watchers got their wish on Thursday, but the talk of outsourced manufacturing and stronger partnerships is resulting in considerable head-scratching instead of awe....
