Ghosn's Renault: Bowed, but Not Beaten

The Renault-Nissan CEO may not have delivered on his promises yet, but he still intends to increase sales and decrease European dependence

Auto industry superstar Carlos Ghosn took the stage at the Paris headquarters of Renault Feb. 8 with none of the rousing, world-beating promise in his voice that he had just a year ago. Ghosn—who is CEO at both Renault and Nissan and has been hailed as a miracle manager for saving Nissan—vowed a year ago that Renault would increase sales by 800,000 cars and earn a robust 6% operating margin by 2009.

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