Carlos Ghosn Got One Thing Right About Nissan

World News: . []

Carlos Ghosn Got One Thing Right About NissanNissan Motor Co. on Tuesday reported dismal earnings and gave an even grimmer outlook. Chief Executive Officer Hiroto Saikawa then proceeded to talk about fanciful ideas of improving governance and the company’s transformation and recovery. In his video message last month, Ghosn harped on Nissan’s “value destruction.” It’s hard to dispute him: Returns on equity have dropped to just about 6% from their peak of 16% two years ago.

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