Broken Alliances
Inside the Rise and Fall of a Global Automotive Empire
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Narrated by:
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Steve Edwards
About this listen
On December 30, 2019, Carlos Ghosn became the most famous fugitive on the planet when the former chairman of the Renault-Nissan-Mitsubishi Alliance fled to Lebanon from house arrest in Japan.
This political-judicial thriller describes in detail for the first time how Ghosn was arrested on arrival at Haneda Airport in Tokyo a year earlier and incarcerated for 130 days.
Long revered in Japan for saving Nissan from bankruptcy in 1999 and helping Renault achieve the best results in its history, Ghosn explains being transformed overnight into a pariah, torn from the world and his family as the victim of a smear campaign orchestrated by the Nissan Old Guard and the Tokyo Public Prosecutors' Office.
Ghosn also recounts how he built the Franco-Japanese Alliance into a global motor giant, expanding operations in markets from the United States, China and Russia to Brazil, Morocco and Thailand, becoming the world's top automaker by volume in 2017. But his arrest on November 9, 2018 plunges the alliance into crisis as company share prices collapse at the same time as the global auto industry faces an unprecedented technological revolution.
Broken Alliances involves the highest levels of political power in Japan and France and describes a Japanese judicial system closer to that of the Soviet Union under Stalin than an advanced democracy. It also addresses the reasons behind Nissan's internal coup and questions about the chairman's remuneration, his management methods, and his vision for the future of the auto industry - to understand what has happened and what could still happen tomorrow.
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A shocking exposé of Volkswagen's fraud by the New York Times reporter who covered the scandal. In mid-2015 Volkswagen proudly reached its goal of surpassing Toyota as the world's largest automaker. A few months later, the EPA disclosed that Volkswagen had installed software in 11 million cars that deceived emissions-testing mechanisms. By early 2017 VW had settled with American regulators and car owners for $20 billion, with additional lawsuits still looming.
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Excellent recap of VW, its structure and culture
- By Northern IN Mark on 05-27-17
By: Jack Ewing
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American Icon
- Alan Mulally and the Fight to Save Ford Motor Company
- By: Bryce G. Hoffman
- Narrated by: Pete Larkin
- Length: 14 hrs and 45 mins
- Unabridged
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At the end of 2008, Ford Motor Company was just months away from running out of cash. With the auto industry careening toward ruin, Congress offered all three Detroit automakers a bailout. General Motors and Chrysler grabbed the taxpayer lifeline, but Ford decided to save itself. Under the leadership of charismatic CEO Alan Mulally, Ford had already put together a bold plan to unify its divided global operations, transform its lackluster product lineup, and overcome a dysfunctional culture of infighting, backstabbing, and excuses.
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The best business book I ever read
- By Michael on 10-07-12
By: Bryce G. Hoffman
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Crash Course
- The American Automobile Industry's Road from Glory to Disaster
- By: Paul Ingrassia
- Narrated by: Patrick Lawlor
- Length: 12 hrs and 18 mins
- Unabridged
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In Crash Course, Ingrassia answers the big questions: Was Detroit's self-destruction inevitable? What were the key turning points? Why did Japanese automakers manage American workers better than the American companies themselves? Ingrassia also describes dysfunctional corporate cultures (even as GM's market share plunged, the company continued business as usual) and Detroit's perverse system of "inverse layoffs" (which allowed union members to invoke seniority to avoid work).
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Contemporary History at Its Best
- By Roy on 04-19-10
By: Paul Ingrassia
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The Oligarchs
- Wealth and Power in the New Russia
- By: David Hoffman
- Narrated by: Steve Coulter
- Length: 22 hrs and 50 mins
- Unabridged
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A brilliant investigative narrative: How six average Soviet men rose to the pinnacle of Russia's battered economy. David Hoffman, former Moscow bureau chief for
The Washington Post, sheds light onto the hidden lives of Russia's most feared power brokers: the oligarchs. Focusing on six of these ruthless men Hoffman reveals how a few players managed to take over Russia's cash-strapped economy and then divvy it up in loans-for-shares deals.
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Supreme Chronicle of Murky Times
- By ivan on 03-01-14
By: David Hoffman
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The Bank That Lived a Little
- Barclays in the Age of the Very Free Market
- By: Philip Augar
- Narrated by: Jonathan Keeble
- Length: 15 hrs and 32 mins
- Unabridged
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Based on unparalleled access to those involved, and told with compelling pace and drama, The Bank That Lived a Little is the story of one of the most familiar names on the British high street since Big Bang in 1986. Philip Augar describes in detail three decades of boardroom intrigue driven by ruthless ambition, grandiose dreams and a desire for wealth. It is a tale of a struggle for long-term supremacy between rival strategies and their adherents.
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Global superstar bankers under light-touch gov
- By Philo on 12-21-18
By: Philip Augar
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Alibaba
- The House That Jack Ma Built
- By: Duncan Clark
- Narrated by: Jim Meskimen
- Length: 9 hrs and 9 mins
- Unabridged
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In just a decade and a half, Jack Ma, a man from modest beginnings who started out as an English teacher, founded Alibaba and built it into one of the world's largest companies, an e-commerce empire on which hundreds of millions of Chinese consumers depend. Alibaba's $25 billion IPO in 2014 was the largest global IPO ever. A Rockefeller of his age who is courted by CEOs and presidents around the world, Jack is an icon for China's booming private sector.
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Strange: Best part of story happens "off-screen"
- By Tristan on 09-02-16
By: Duncan Clark
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The Profiteers
- Bechtel and the Men Who Built the World
- By: Sally Denton
- Narrated by: Bernadette Dunne
- Length: 11 hrs and 38 mins
- Unabridged
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The tale of the Bechtel family dynasty is a classic American business story. It begins with Warren A. "Dad" Bechtel, who led a consortium that constructed the Hoover Dam. From that auspicious start, the family and its eponymous company would go on to build the world, from the construction of airports in Hong Kong and Doha to pipelines and tunnels in Alaska and Europe to mining and energy operations around the globe.
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Your Liberal Bias is showing
- By Anonymous User on 03-29-18
By: Sally Denton
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Good for the Money
- My Fight to Pay Back America
- By: Bob Benmosche
- Narrated by: Sean Pratt
- Length: 9 hrs and 33 mins
- Unabridged
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In 2009, at the peak of the financial crisis, AIG - the American insurance behemoth - was sinking fast. It was the peg upon which the nation hung its ire and resentment during the financial crisis: the pinnacle of Wall Street arrogance and greed. When Bob Benmosche climbed aboard as CEO, it was widely assumed that he would go down with his ship. In mere months, he turned things around, pulling AIG from the brink of financial collapse and restoring its profitability.
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Worthwhile, informative, and just short of inspiring
- By Preston on 11-17-21
By: Bob Benmosche
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The Looting Machine
- Warlords, Oligarchs, Corporations, Smugglers, and the Theft of Africa's Wealth
- By: Tom Burgis
- Narrated by: Grover Gardner
- Length: 11 hrs and 5 mins
- Unabridged
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The trade in oil, gas, gems, metals, and rare earth minerals wreaks havoc in Africa. During the years when Brazil, India, China, and the other "emerging markets" have transformed their economies, Africa's resource states remained tethered to the bottom of the industrial supply chain. While Africa accounts for about 30 percent of the world's reserves of hydrocarbons and minerals and 14 percent of the world's population, its share of global manufacturing stood in 2011 exactly where it stood in 2000: at 1 percent.
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Frightening, Fascinating, Fatiguing
- By Scott on 07-29-18
By: Tom Burgis
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Glory Lost and Found
- How Delta Climbed from Despair to Dominance in the Post-9/11 Era
- By: Seth Kaplan, Jay Shabat
- Narrated by: Joseph Durika
- Length: 25 hrs and 53 mins
- Unabridged
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Glory Lost and Found: How Delta Climbed from Despair to Dominance in the Post-9/11 Era tells the story of Delta's dramatic tumble into bankruptcy and how it climbed its way back to pre-eminence despite hurricane-force headwinds: high fuel prices, a hostile takeover bid, relentless competition, economic meltdowns, and geopolitical shocks.
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For Aviation Enthusiasts & the Business Industry
- By Striker on 03-24-17
By: Seth Kaplan, and others
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The House of Dimon
- How JP Morgan's Jamie Dimon Rose to the Top of the Financial World
- By: Patricia Crisafulli
- Narrated by: Suzanne Toren
- Length: 9 hrs and 39 mins
- Unabridged
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Jamie Dimon is Wall Street's biggest player. Following the 11h-hour rescue of Bear Stearns by JPMorgan, his profile has reached stratospheric levels. And while the deals and decisions he's made have usually turned out to be the right ones, his journey to the top of the financial world has been anything but easy. Now, in The House of Dimon, business writer Patricia Crisafulli goes behind the scenes to recount the amazing events that have shaped Dimon's career.
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Intriguing
- By Jean on 08-28-16
What listeners say about Broken Alliances
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Eric Johnston
- 04-11-22
One man's account, but not the whole story.
If you want to know what Carlos Ghosn thinks of his situation and treatment by Nissan... and if you want to learn about how laws and prisons work in Japan (of which neither would be acceptable in the West) then get this book. The account of Mr. Gohsn is well written, and the historical and industry context is well researched and very interesting.
The downside is that you hear lots of comments about the other side without their defense... and for sure Mr. Ghosn did things that would have had him (or those in charge of governance at the company) fired. You don't make arrangements with third parties you are doing business with at the company for your own benefit for example... it's inexcusable.
Meanwhile, the core of the matter here is that a criminal accusation is used when in reality, the company should have resolved these issues internally. Other car executives are paid allot? Good for them, that is no reason to condone behavior or justify your position for example.
For sure, Ghosn will go down in history with a positive record, with more wins than losses. But to read this, Ghosn does no wrong and almost everybody else makes bad decisions except for him in this book. Meanwhile, that is not the real situation.
There is no "we" in the book either... it's I,I,I. The Japanese are not perfect, and you see lots of that in this book... but you see know "respect for people" which is a hallmark of great Japanese companies like Toyota.
Another small point - the narrator butchers names all throught the book, which makes it very frustrating to read for those actually engaged in the Automotive business. Vauxhall is pronounced "Vox-Haul" in reality, but "vo-haul" in the audiobook. Painful.
I delayed buying this book, as I knew it would be predictable. I am not sorry I read it... I learned a lot. But I can see why this is not a popular book - it's too one sided, and even with no dissenting opinions, they do not win the case - even if this were to be the only book you read about the scandal.
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