• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Tuesday, July 14, 2026
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Carlos Ghosn: The rise, fall and escape of the man who once saved Nissan

Michael Olabode Williams by Michael Olabode Williams
June 23, 2026
in Business, Premium
0
Carlos Ghosn
5.7k
SHARES
27.3k
VIEWS
Share on FacebookShare on Twitter

Carlos Ghosn remains one of the most dramatic figures in modern automotive history.

For many years, he was seen as the man who rescued Nissan from collapse. Later, he became the centre of one of the most extraordinary corporate scandals the car industry has ever seen.

READ ALSO

California electric vehicle rebates 2026: Who qualifies for the $3,500 incentive?

Mystery owner matches Bugatti Bolide with Gulfstream G550 in $66m luxury display

Ghosn, a Brazilian-born businessman with Lebanese, French and Brazilian citizenship, became famous for his role in rebuilding Nissan after Renault took a major stake in the Japanese carmaker. He later became one of the most powerful executives in the global auto industry, leading the Renault-Nissan alliance and later playing a key role after Nissan took control of Mitsubishi Motors. AP reported that Ghosn led Nissan for two decades and helped rescue the company from near-bankruptcy before his arrest in 2018.

His leadership style was tough, direct and results-driven. At Nissan, he cut costs, closed factories, reduced debt and pushed the company back into profit. That earned him hero status in Japan, where foreign executives rarely reached such influence inside major domestic companies.

But his story changed completely in November 2018.

Ghosn was arrested in Japan on charges including breach of trust, misuse of company assets and violations of securities laws linked to the disclosure of his compensation. He denied wrongdoing and has repeatedly argued that he was the victim of a corporate and political plot to remove him from power.

Then came the escape that turned the story into a global headline.

In December 2019, while awaiting trial in Japan, Ghosn fled the country. AP reported that he escaped by hiding in a box that was placed aboard a private jet. He travelled to Lebanon, where he has lived since. Lebanon has no extradition treaty with Japan and does not extradite its citizens.

The legal battle did not end there.

Ghosn later filed a $1 billion lawsuit against Nissan and other defendants in Beirut. He claimed he was detained in Japan on false charges because of what he described as disinformation spread against him. The lawsuit seeks damages, compensation, salary, retirement funds and stock options.

In France, the case also continued. In July 2025, French judges ordered Ghosn and French Culture Minister Rachida Dati to stand trial over alleged corruption and abuse of power connected to consulting fees paid by the Renault-Nissan alliance. Reuters reported that both Dati and Ghosn denied wrongdoing.

Ghosn has not left Lebanon since 2019. Reuters reported that he remains there because of an Interpol Red Notice issued by Japan. Interpol states that a Red Notice is a request to law enforcement worldwide to locate and provisionally arrest a person, but it is not itself an international arrest warrant.

For the auto industry, the Carlos Ghosn story is more than a personal scandal. It is a lesson in power, governance, culture and control.

He showed how one bold leader could transform a struggling carmaker into a global force. But his fall also exposed the risks of concentrated power, weak board oversight and deep tension inside multinational alliances.

Today, Nissan, Renault and Mitsubishi continue to rebuild their relationship without the man who once held the alliance together.

Carlos Ghosn’s legacy is now divided.

To some, he is the executive genius who saved Nissan. To others, he is a fugitive who escaped justice. But one thing is certain: few people have shaped the modern car industry as dramatically as Carlos Ghosn.

Read also: Nissan Juke goes electric, targets longer range and lower ownership costs

Tags: Around the worldHeadlineNissan

Related Posts

Electric vehicles
Electric Vehicles

California electric vehicle rebates 2026: Who qualifies for the $3,500 incentive?

July 14, 2026
Bugatti Bolide With Gulfstream G550
Business

Mystery owner matches Bugatti Bolide with Gulfstream G550 in $66m luxury display

July 14, 2026
BMW is losing China, can the Neue Klasse save it?
Electric Vehicles

BMW is losing China, can the Neue Klasse save it?

July 14, 2026
Volkswagen
News

Volkswagen weighs more job cuts as cost gap with rivals widens

July 13, 2026
Nissan is investing £10 million ($13.5 million) in a pioneering UK research programme that could change how electric vehicles are powered
News

Nissan is investing £10 million in a pioneering UK research programme that could change how electric vehicles are powered

July 13, 2026
Mazda Australia's EV Boom
Electric Vehicles

Mazda Questions Australia’s EV Boom as Critics Argue Consumer Demand Remains Strong

July 9, 2026
Next Post
Mitsubishi Motors

Carmakers face ‘big oil’ risk as emissions gap raises fresh questions

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Rolls-Royce La Rose Noire Droptail 2026, the most expensive car in 2026

Ultra-luxury: The 10 most expensive cars in the world in 2026

January 7, 2026

EDITOR'S PICK

Virgin Australia

Virgin Australia Boeing 737 diverted after bird strike causes engine fire

June 17, 2024
Tesla

Tesla sales drop 29% in the UK as Chinese EV brands flood the market

January 6, 2026
Uber

Uber launches women-only rides in South Africa to boost safety and trust

October 2, 2025
Toyota EV

Toyota partners GAC to launch self-driving EV in China by 2025

June 30, 2024

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • California electric vehicle rebates 2026: Who qualifies for the $3,500 incentive?
  • Mystery owner matches Bugatti Bolide with Gulfstream G550 in $66m luxury display
  • BMW is losing China, can the Neue Klasse save it?
  • Carmakers secure early win in UK diesel emissions lawsuits

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • Terms & Conditions
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?