As Carlos Ghosn steps up and gets in to the driving seat at Mitsubishi we wonder if he will be able to make the difference required to drive them forward after the well documented fuel economy data falsification when Mitsubishi stock went in to free fall.
Carlos Ghosn is back in the media spotlight. The go-getting chief executive of the Renault-Nissan group is now embarking on the mission of leading the newly expanded alliance into the ranks of the biggest and strongest players in the global auto market. In the first move toward the ambitious goal, Ghosn recently announced that he will serve as Mitsubishi Motors' chairman after Nissan Motor completes its 237 billion yen ($2.27 billion) acquisition of a 34% stake in the embattled domestic rival. With the competitive landscape in the world's car market becoming increasingly dynamic and complex, Ghosn is not comfortable with how Nissan is doing. He views the newly acquired controlling stake in the scandal-wracked Mitsubishi Motors as a potential springboard for the group's leap to the top.