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Essay heading: Nissan's recovery
 
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Issue: Business
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Date added: July 27, 1997
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No of pages / words: 16 / 4358
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Social peace was the most important goal for the management. As a consequence, in 1984, the state had to pay a FF 12,5 billion dept (?3 billion). After this, the state started selling its shares of Renault, which so became a privatised company. But another consequence of the state's management was that the working force was unskilled, production tools were old?there has been another crisis in 1996...
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After this, the state started selling its shares of Renault, which so became a privatised company. But another consequence of the state's management was that the working force was unskilled, production tools were old?there has been another crisis in 1996. Louis Schweitzer, Renault's CEO fetched Carlos Ghosn in Michelin to help him to solve the problem...
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