Auto executive turned international fugitive Carlos Ghosn says Covid makes industry ripe for consolidation

Auto executive turned international fugitive Carlos Ghosn says Covid makes industry ripe for consolidation

High-flying automotive executive turned international fugitive Carlos Ghosn believes the coronavirus pandemic will accelerate consolidation of the global automotive industry, including his former employer Nissan Motor.In a rare interview following his daring escape to Lebanon from Japan on Dec. 29, the former Nissan chairman said the industry will continue to struggle even after a vaccine is approved. "Even if they find a vaccine immediately, is going take probably one year before things start to come back to normal. A lot of companies are going to be struggling. They're going to be suffering," he said in an interview on CNBC's "Closing Bell."He's now writing a book about his time at the Japanese automaker, which he was credited with saving from the brink of ruin before the then-CEO had him arrested on