Financial Times FT.com

Car industry gloom descends even on Ghosn

By Paul Betts and Chris Hughes

Published: July 8 2008 18:28 | Last updated: July 8 2008 18:28

Carlos Ghosn has always enjoyed driving himself hard. When the celebrity car company manager took over at Renault, he set himself the challenge of reviving the French car manufacturer within three years with a rash of new models and more efficient working practices.

The idea was to repeat in France his success at turning around Nissan – Renault’s Japanese affiliate. Everybody had high expectations and investors were delighted.

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