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Carlos Ghosn, one of the best- leaders in the automotive industry, has that he will down as Nissan Motor's president and CEO, effective April 1. The hugely successful Mr Ghosn will with the company as chairman to a wider group of carmakers that, in addition to Nissan, includes France's Renault and Japan's Mitsubishi Motors. Ghosn reporters: "I'm down as the CEO because it's the right moment and I have the right team. I think after 16 years as CEO and 18 years care of Nissan, I can say today that what I can to Nissan, I have already ." He added: "Nissan is profitable, financially healthy, with a clear strategy."

Carlos Ghosn Nissan as Chief Operating Officer (COO) in 1999, after Renault a stake in the Japanese automaker. He president in 2000 and was CEO the following year. He is with turning around Nissan by producing attractive new cars and models and cutting costs. His cost-cutting strategies him the nickname "The Cost Killer". Following the turnaround of Nissan, Fortune magazine him Asia Businessman of the Year in 2002. A year later, the magazine him as one of the 10 most powerful people in business outside the USA. He a celebrity in Japan, where his life story has been in a manga comic book.

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