Nissan's Ghosn: From auto industry icon to scandal
PARIS (AP) — A trailblazer and visionary in the auto industry, Carlos Ghosn is also a highflyer prone to excesses that may have helped bring on his surprise downfall as head of the world's best-selling auto group.
Ghosn turned around France's Renault SA and then Japan's Nissan Motor Co., eventually linking them in an alliance with Mitsubishi Motor Corp. in their top-selling venture.
But while renowned as an industry cost cutter, he spent lavishly on himself, thanks to multi-million-dollar salaries from Renault, Nissan and Mitsubishi. Ghosn's October 2016 wedding to his second wife at the Grand Trianon in Versailles, once favored by Marie Antoinette, featured actors in 18th century attire, a towering wedding cake and mounds of treats.