Carlos Ghosn

“If you have not been a villain at a certain point in time, you will never be a hero. And the day you are a hero, you may become a villain the next day.”

“Is Europe going to be breaking? I don't think so. I think the euro will stay. I think at the end of the day Europeans will find the solutions in order to hold Europe together.”

“You go to a plant not only to pat the people on the back, but to tell them about the opportunities they have to do a better job. Quality is one of the opportunities they have to do a better job.”

“I don't believe in hostile moves. I don't believe they carry any value.”

“When the CEO makes a decision, people don't come back on it.”

“Every single time you make a merger, somebody is losing his identity. And saying something different is just rubbish.”

“Synergies are not only about cost reduction. Synergies can be access to markets, exchange of products, avoiding overlaps, exchange of best practices.”

“In a difficult and uncertain environment, Renault remains on track to meet its 2012 objective.”

“I think that the best training a top manager can be engaged in is management by example.”

“Employees are your most valuable assets. They are the heart and guts of a company. This doesn't mean that from time to time, you aren't going to do what is good for the company.”

“I love not to be busy in a certain way.”

“If guys try to make a bigger company for the sake of size, they don't create value in most cases.”

“To face deflation, you have to have people accepting it and not reacting to it.”

“People will always challenge you on an idea as long as it has not been concretized by somebody else.”

“Regulations about environments are going to get tougher and tougher.”

“You have to listen to the people who have a negative opinion as well as those who have positive opinion. Just to make sure that you are blending all these opinions in your mind before a decision is made.”

“The most interesting information I can have about a competitor is the cost.”

“It would be easier to make money in other sectors, but since I was a kid, I liked cars.”

“Electric cars are not going to take the market by storm, but it's going to be a gradual improvement.”

“I think we're going to have some difficulty in front of us. I have absolutely no doubt the next three, four years Europe are going to be at best stagnation. We are preparing for tough times.”