Nissan-Renault CEO to chair troubled Mitsubishi Motors

TOKYO — Carlos Ghosn, who heads Japan’s Nissan Motor and Renault of France, will become chair of Mitsubishi Motors, working to restore faith in the troubled automaker after a devastating mileage scandal. Ghosn, who presided over Nissan’s revival from the brink of bankruptcy in the early 2000s after it formed an alliance with Renault, said he expected it would be difficult to restore Mitsubishi’s shattered reputation. “I can tell you we will not spare anything to support Mitsubishi. I think it’s possible. It is going to be difficult. It will require tough decisions,” he told reporters. Nissan agreed to take charge at Mitsubishi after the company acknowledged in April that it cheated to inflate mileage for two of its minicar models. No overseas models are affected.