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Carlos Ghosn Brands Nissan as ‘Visionless’: FT 


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The former chair’s remarks come after investors gave the Japanese carmaker’s $17.7-billion plans a poor reception


Carlos Ghosn
Ghosn was arrested in Japan but fled the country hidden in a musical instrument box. Two people were convicted of aiding his escape. Photo: AFP

 

Carlos Ghosn has branded Nissan visionless and poorly equipped for the electric vehicle revolution just days after the carmaker he once ran set out a $17.7 billion investment plan to take on the likes of Tesla, the Financial Times reported.

The intervention from the former Nissan chair, who lives in Lebanon since his escape from Japan, came after investors gave the Japanese carmaker’s plans a poor reception, with the group’s shares falling just over 7% since it was announced last week.

Read the full report: Financial Times.

 


 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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