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...fleet of dull cars, a tangled mess of suppliers, unproductive plants and $20 billion in debt. Ghosn was given the job of salvage man after his bosses at Renault bought a controlling stake. Born in Brazil and reared in Lebanon, Ghosn found his way to tire giant Michelin, where he developed his restructuring chops. But he had never run a car company, let alone a Japanese one, and almost everyone bet against him: a foreigner with a funny name tackling Japan Inc. He proved them spectacularly wrong, turning Nissan into an auto power with industry-leading profits and such stylish...

Author: /time Magazine | Title: Danger Caution Ahead | 11/26/2006 | See Source »

...Portuguese charcoal-grilled piri-piri chicken. GREEN OLIVE: Attached to a boutique resort, this tranquil and warm dining room, tel: (66-77) 230 222, serves up some of the island's best pasta dishes. That's no surprise when you discover that Italian chef Andrea Fiorentin has worked in Michelin-starred restaurants in Italy. Seafood soup with saffron is another house signature. RICE: This delightful venue, tel: (66-77) 231 934, is accessed by a small bridge over a pond, bestowing a sense of occasion that is matched by the Italian cuisine. Chef Luca Mancini worked at a Michelin-starred...

Author: /time Magazine | Title: Spice Island | 11/12/2006 | See Source »

Conergy, which Rüter founded in 1998, is the world's largest solar-system-integration company, providing more renewable-energy systems than anyone else. They include solar panels for single-family homes in Germany; a rooftop solar system, the biggest of its kind, for the tiremaker Michelin; and solar electricity for off-grid villages in India. Conergy produces 30% of the components it sells. It also builds wind, biomass and solar-thermal systems...

Author: /time Magazine | Title: Economic Development: The Future Is Bright | 10/23/2006 | See Source »

...which can be cranked out by the millions, those for large mining trucks are labor intensive. Tires for your Chevy can be cured in as little as 15 min., for instance; that process takes as much as 12 hr. for an earthmoving truck's tires. The big manufacturers--Goodyear, Michelin and Bridgestone--don't have the production capacity to meet the rising demand...

Author: /time Magazine | Title: Wheels of Gold | 9/3/2006 | See Source »

Prashant Prabhu, worldwide president of Michelin's Earthmover Tires division, says the company is boosting capacity at its plant in Lexington, S.C., from about 11,000 giant tires annually to 16,000. Bridgestone is investing $155 million to expand production 20% at three Japanese plants over the next two years, although the company anticipates that manufacturers won't be able to meet demand until at least...

Author: /time Magazine | Title: Wheels of Gold | 9/3/2006 | See Source »

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