Friday , June 18 2021

Carlos Gosn or the fall of the King of the Sun

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Carlos Gosn, in Boulogne-Beyoncourt (O-de-Seine), near Paris, on September 12th.
Carlos Gosn, in Boulogne-Beyoncourt (O-de-Seine), near Paris, on September 12th. Joel Saget / AFP

"Loss and profit". In sumptuous costumes and rich wigs, the hosts greeted their guests at the entrance to the Grand Trinan. The king received a visit to Versailles to celebrate his marriage. But Carlos Gon was supposed to be cautious. For this very XVIII celebratione evening, the chosen theme, Saturday, October 8, 2016, was the film of Sofia Coppola, Maria Antoinette. As a foretaste of the fall behind the cribs of the cookies that the unhappy Queen loved.

The king is now naked, locked in a tokyo cell, accused of tax evasion. His successor, Nissan, Hirot Saikawa's CEO, who he received in April 2017, now blames him for all the evils, and in particular for the company financing his holiday in Versailles. Perhaps the star of Renault had to remember the words of Louis XIV: "Whenever I give a free place, I will make one hundred dissatisfied and ungrateful."

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Here, once again, an exceptional fate has stopped the network, the world's most renowned head of industry, who in less than fifteen years built a real empire, now the world's leading car manufacturer, the elbow elbow with Volkswagen and Toyota. But with years and successes, he did not see in time that his absolute strength, his pump and his taste for money would accelerate his decay.

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A symbol of this intoxication, the salary of the almighty boss, managing his Japanese companies (Nissan, Mitsubishi) and European (Renault, Dacia, Lada) from the top of his private jet every month on all continents. Extraordinary boss, remarkable salary: more than 15 million euros in 2017. Standard in the US, but not in France or Japan. Ayo Toyoda, Toyota's CEO, the world's most profitable generalist, touches five times less.

Building powerful and fragile

In Japan, it's not good to stand out with too much individuality. A Japanese version of pride, a disease of pride invented by the Greek gods to ensure that men do not try to imitate them. Beware of those who cross the line. Especially because the building built by King Carlos is powerful and fragile.

Article reserved for our subscribers Read also Carlos Gon stopped, shocked and asked questions about Renault-Nissan

Renault-Nissan-Mitsubishi Alliance is the only one in the world in its scale and ambition, which gives significant power to its suppliers and customers. But its architecture is delicate, centralized in extreme conditions to maintain competing interests, those of the company and its Baroque equity capital, where Little Renault owns 43% of the great Nissan, which in turn has only 15% of French, while the French state remains the largest shareholder in the group.

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