There aren't many automotive executives who can claim to have saved a company, let alone three. But now, Carlos Ghosn might also prove to be the man responsible for shattering the global alliance that transformed Renault, Nissan and Mitsubishi into an industry powerhouse.
Ghosn was arrested in Japan accused for mishandling 44 Million dollars. (Not sure if it is true)
The carefully constructed alliance he built between the three automakers is at risk and will have far-reaching repercussions across the industry, auto executives and analysts say.
In 1996, Ghosn was recruited by Paris-based Renault and tasked with pulling together a turnaround plan for the struggling automaker. His strategy worked so well that Renault was back in the black in barely a year.
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