Restoring image, growth at Mitsubishi is biggest challenge - Nissan CEO

Restoring image, growth at Mitsubishi is biggest challenge - Nissan CEO
 

YOKOHAMA, Japan Nissan Motor Co (7201.T) CEO Carlos Ghosn said on Friday that restoring Mitsubishi Motors Corp's reputation, profitability and growth would be the biggest challenge, a day after announcing a $2.2 billion investment for a controlling stake in the troubled automaker.
"The biggest challenge is to support Mitsubishi changing itself and growing and being profitable and restoring its reputation," Ghosn told a news conference at Nissan's headquarters in Yokohama, south of Tokyo.
He added that winning back consumers' trust was Mitsubishi Motors's (7211.T) job, but that... read more

 
13 May 2016 in Business, Views: 40
Source: Reuters
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