Carlos Ghosn, The Auto World's 'cost Killer'

Brazilian-born Carlos Ghosn, who is facing a pay scandal in Japan, has long stood out among the world's auto executives as a hard-nosed workaholic willing to take drastic measures to get companies back on their feet quickly.

Paris, (APP - UrduPoint / Pakistan Point News - 20th Nov, 2018 ) :Brazilian-born Carlos Ghosn, who is facing a pay scandal in Japan, has long stood out among the world's auto executives as a hard-nosed workaholic willing to take drastic measures to get companies back on their feet quickly.

As head of the Renault-Nissan-Mitsubishi alliance, Ghosn has created an industrial behemoth, its combined 470,000 employees selling 10.6 million vehicles last year from 122 factories around the globe.

But the group now looks troubled after Japanese police reportedly arrested Ghosn on suspicion he failed to report his full compensation to stock market authorities as chairman of Nissan.

Nissan's board has said it will seek his removal after a months-long inquiry prompted by a whistle-blower uncovered "significant acts of misconduct."It is not the first time Ghosn has gotten into hot water over pay, in particular a combined salary that makes him one of the highest-paid CEOs in France and one of the best-paid foreign executives in Japan.