Collision Course

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The officious agent did a double take at his papers. "We have a problem with your passport. Can we move please to another room to discuss something?" Ghosn never saw it coming. In Japan, it's called the "Ghosn Shock"—the stunning arrest of Carlos Ghosn, the CEO who saved Nissan and built a global automotive empire. Even more shocking was his daring escape from Japan, packed into a box and flown to Lebanon after months in detention, surviving on rice gruel. This narrative chronicles the events leading to the Ghosn Shock and its aftermath, detailing Ghosn's two decades of building a partnership between Nissan and Renault. While it appeared to be a model for global business, the alliance was fraught with culture clashes, executive infighting, and government maneuvering that threatened its stability. Tokyo-based journalists Hans Greimel and William Sposato have closely followed Ghosn's career, witnessing the decline of Japan's bubble economy and the challenges of opening Japan Inc. to the world. They explore the complex suspicions surrounding Ghosn's ouster, analyzing how economics, history, national interests, and legal traditions converged on a pivotal figure in Japan's corporate landscape. This gripping narrative serves as a cautionary tale about the complexities of global business in an increasingly nationalistic world.