Go-Go-Go-Ghosn, You Know What They Say! Now, Now, Now Ghosn, Nissan'll Make It Some Day! Sha-la-la-la Ghosn, you're doin' fine — you and your management, ahead of your time!
-Joseph & The Amazing Technicolor Dream-Car
Tho' we're no fan of showtunes, we think that's how Andrew Lloyd woulda written it if the bible story had been about Carlos Ghosn — the CEO of the only major Japanese automaker not to show sales growth in the month of May. Nissan, Japan's second-largest automaker posted a decline in global production of 11%, selling only 248,349 cars — and making the company's fifth straight month of declining sales. All this while Toyota, Honda and Mazda all showed positive sales growth. Can this be the end of the fabled story of Mr. Ghosn and his amazingly fabulous techni-color Dream-car? Only time and a story-teller know for sure. Go-go-go, GO!
Most Japanese automakers report global production rise in May [Detroit News]
Related:
Nissan: Go, Go Ghosn Profits! [internal]