PARIS – Carlos Ghosn’s managerial star has been tarnished of late, as a slump in Renault Nissan Alliance group sales stretches toward the end of the year. However, the CEO gained luster Dec. 8 when he showed up in Togliatti, Russia, to sign a memorandum of understanding to take 25% of state-controlled OAO AvtoVAZ, the country’s largest auto maker. The agreement will be finalized Feb. 25. The deal should be especially satisfying for Ghosn, who beat out General Motors Corp., which was ...
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