'I'm the Guy to Run GM'
Newsweek, July, 2006 by Keith Naughton
Over dinner in Detroit last Friday night, General Motors CEO Rick Wagoner and Renault-Nissan chief Carlos Ghosn discussed concocting a car colossus that would control one quarter of the world's auto sales. But for Wagoner, the dinner was a blind date. Last month GM's largest shareholder, 89-year-old Las Vegas billionaire Kirk Kerkorian, broadsided the GM boss with a proposal for the three-way auto alliance. Impatient with Wagoner's efforts to turn around GM, Kerkorian and his adviser, GM director Jerry York, met secretly with Ghosn (rhymes with phone) for six weeks before going public with the idea June 30. Many believe Kerkorian is trying to shove Wagoner out of the driver's seat and install Ghosn, an automotive superstar revered for bringing Nissan back from the grave. Before the...
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