Word: ghosn
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Nissan CEO Carlos Ghosn admits he's nervous. His company just launched its most important car in years, the redesigned 2007 Altima sedan. The model it's replacing was one of the best-selling cars in 2005, a monster hit for Nissan, and Ghosn has no idea if the latest edition will fare as well. "We have so many new products," he told TIME in an interview in New York City, "that it's a very tense period...
Indeed, after an extended drought, Nissan is roaring back with what Ghosn calls a "product offensive." New models include the redesigned Sentra sedan, the subcompact Versa hatchback and, coming next year, a crossover called Rogue. At the Los Angeles Auto Show on Nov. 29, Nissan plans to unveil a coupe version of the Altima, due to go on sale next summer. "When you put so much energy and investment in, you're always nervous," says Ghosn. "Until you see the first few months of sales, you have doubts...
...GHOSN...
...Thormann, then head of Renault's investor-relations department, coaxed the French automaker's top finance officer, Carlos Ghosn, into making a presentation to analysts at a big Frankfurt auto show. "It went very well," recalls Thormann, 52. Indeed. The American exec moved back to the U.S. in July to become senior vice president of administration and finance for Nissan North America, which is run by a committee of five. But if Ghosn has a question about Nissan's U.S. ops, which posted $40 billion in sales last year, he calls Thormann first. Wonder why. Hilary Schneider...
...Carlos Ghosn The celebrated auto exec says benchmarking is the key to any good alliance