The Brazilian executive Carlos Ghosn should be appointed as the new president of Mitsubishi so the Renault-Nissan group to achieve acquisition of 34% stake in the Japanese automaker . According to information from the Japanese economic newspaper Nikkei in collaboration with Bloomberg and Reuters Ghosn, who already holds the position of President of Renault and Nissan, would be the first person to preside over three major automobile manufacturers in the world.
A spokesman for the Renault-Nissan alliance said that the statements are nothing more than speculation and Mitsubishi declined to comment. Financial analyst Koji Endo told Automotive News that “to implement such an extensive restructuring, you need someone powerful as Carlos Ghosn.”
There are also people who believe that in this case, three’s a crowd: “I believe he already has enough things to do in the Renault and Nissan,” said Hans-Peter Wodniok, AlphaValue analyst in Frankfurt, Germany
The acquisition of Mitsubishi by the Renault-Nissan must be made official by the end of this year. The transaction should turn around R $ 7 billion . Ghosn will have to work harder to recover once a company: Mitsubishi International is engaged with controversy due to a fake test mileage in some brand vehicles. An automobile group consisting of Renault, Nissan and Mitsubishi would be the fourth largest in the world.
Carlos Ghosn, 62, was born in Porto Velho, capital of Rondonia, he spent 18 years at Michelin before assuming the position of executive vice president of Renault in 1996. Three years later, with the acquisition of 36.8% Nissan by Renault, Ghosn took over as director of operations in the Japanese automaker. In 2005, the Brazilian took over as president of Renault and Nissan, becoming the first person to lead two major car companies. Ghosn, as well as several awards, was nicknamed “Le Cost Killer” (The Matador costs) and “Mr. Fix It” (Mr. Fix It) to have recovered both Renault as Nissan.