Thursday, April 27, 2006

Le Cost Killer Does it Again!!!!


After pulling off what some have termed a miracle by turning a struggling Nissan Corp into one of the most profitable corporations in Japan, Carlos Ghosn is now swinging his magic wand in the land of frog legs and stuffed goose liver!


Renault shares surged to a 10-year high on Tuesday as investors pointed to rising first-quarter revenues as evidence that the profit plan of Carlos Ghosn, chief executive, was starting to bear fruit.

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Mr. Ghosn took over at Renault 12 months ago but it was only in February that he outlined a plan to boost profit margins from 2.5 percent last year to 6 per cent in 2009, add 800,000 car sales and improve quality. (Financial Times)

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All you Renault drivers out there... you now have another reason to stick with the Brand!

Support Carlos!!!

9 comments:

Abu Kais said...

I hope that you get a free car out of this. :)

Raja said...

lol! nice one... I'd better get it

JoseyWales said...

Caller to Renault garage: My car is a piece of shit and broke dowm by the side of the road.


Operator: Err, sir, is it it a Renault?

Caller: What did I just say?

Good luck Carlos!

ghassan Karam said...

Does that mean that we have to admire the Reagan White House ( Chief os Staff John Sununu) and become fans of the US Army (Gen. John Abizaid) :-)

Raja said...

yeah yeah... I know... My celebration of Carlos' accomplishment is especially eye-opening considering my stance on fossil fuels.

God knows, it might even reinfoce the view of some who visit this blog that I am a "annoyingly confused"!

But... in my defense, the thing with Carlos Ghosn is that back in '99 while I was at AUB, I attended a management course, and wrote up a term paper on him.

A man raised by Lebanese parents who was able to cross cultural barriers and accomplish his goals... if anything, that is the quintisential Lebanese story.

ghassan said...

Raja, I am also an admirer of Mr, Ghosn but not because he is of a Lebanese origin. I would rather celebrate his cosmopolitanism:-)

ghassan said...

Raja, I also happen to be a fan of Mrt. Ghosn but not because of his ethnic roots. I celebrate his cosmopolitanism:-)

Anonymous said...

Carlos for President !!!!

TheInnerCircle said...

Not Mention to stick to Renault, It's French!! :)