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Daily Archives: July 19, 2019

Carlos Ghosn Shots Back at Nissan and Mitsubishi in Dutch Court

carlos ghosn

The saga of former Nissan CEO Carlos Ghosn continues. Eight months after his arrest by Japanese authorities and three months after his ouster from his company, he is now returning the favor to his rivals through a lawsuit filed in the Netherlands.

According to the Asia Times, the former Nissan CEO is currently under house arrest in Tokyo as he awaits trial over alleged financial misconduct. In November last year, Ghosn was arrested for under-reporting compensation. He was released on bail in March but he was rearrested the following month, and since then, he remained under detention.

The 65-year old is presently facing multiple charges in Japan. His allegations include breach of trust, understatement of income, transferring his personal financial losses to Nissan, and misappropriation of company money from a business partner in Oman for personal use.

In the ensuing lawsuit that Ghosn filed, he claimed that his former employers improperly terminated his contract. His lawyers accused that the termination of their client’s contract was “not sufficiently substantiated.”

As a result, his legal team is claiming damages amounting 15 million euros ($13.4 million). The Renault-Nissan-Mitsubishi Alliance is headquartered in Amsterdam, Netherlands, thus, the case went under the jurisdiction of a Dutch court.

Both Nissan Motor CEO Hiroto Saikawa and Mitsubishi Motors Chairman Osamu Masuko has taken the helm as directors of the alliance after the subsequent absence and termination of Ghosn.

So far, that’s all there is to the drama surrounding Ghosn’s life, but we will surely keep an eye on updates and post them here right away.

Hennessey Provides 1139 HP to the Chevrolet Corvette ZR1

hpe chevrolet corvette zr1

While everyone’s attention at the moment is focused on the new 2020 Chevrolet C8 Corvette Stingray, another Chevy, the Corvette ZR1, just made the headlines too because Hennessey Performance Engineering revealed its new tuning package for it.

HPE just gave us a preview of the most powerful Corvette ZR1 to date by giving it a boost to bring its total output to a whopping 1,139 hp while its torque going to the rear wheels reached 994 lb-ft.  An E85 fuel was used for the car during the dyno testing.

In comparison, the stock configuration of the Corvette ZR1’s 6.2-liter supercharged V8 engine is 755 hp and 715 lb-ft of torque. HPE’s tune raised the figured by a mindblowing 384 hp and 279 lb-ft of torque. The difference is already nearly the power of a high-performance car like the new Mercedes-AMG CLA45 with 387 hp and 354 lb-ft of torque.

When the Corvette ZR1 made its debut, HPE promised that it would be working on models of the car to raise its bar to up to 1,200 hp. Being true to its word, the unit we are looking at here is only 61 hp below that target.

HPE didn’t reveal the full details surrounding the performance upgrades of the Corvette ZR1. The description of the video mentioned though that its supercharger was tweaked to deliver 13 psi.

The sweet sound of the vehicle’s V8 unit can be heard as its pedal was put to the metal. It’s also worth noting that due to the enormous power of the car, it’s digital speedometer was already going nuts and hitting the numbers by tens.

Watch the video showing the dyno testing of the HPE-enhanced Corvette ZR1 below:

2020 Chevrolet C8 Corvette Stingray Officially Unveiled

2020 chevrolet corvette stingray (1)

The 2020 Chevrolet C8 Corvette Stingray was just unveiled. The car features a mid-engine setup, which is a first for the Corvette series.

The mid-engine configuration for the Corvette is not entirely a new idea from Chevrolet. More than half a century ago, Zora Arkus-Duntov already conceived such, and it spawned several prototypes along the way. It’s only now that his vision has been realized for the range.

Power

2020 chevrolet corvette stingray (73)

The C8 is equipped with its maker’s new LT2 6.2-liter V8 engine. It is derived from the LT1 unit found in the C7 but it features an all-new architecture because of the new engine placement in the C8.

The power unit produces 490 hp and 465 lb-ft of torque. With Chevy’s optional Z51 Performance Package, the numbers are subtly raised at 495 hp and 470 lb-ft torque. The output is distributed to the rear wheels via an eight-speed dual-clutch automatic transmission with an option to switch towards manual using the paddle shifters located behind the steering wheel.

Chevy promises a 0-60 mph sprint from the C8 in under three seconds. In comparison, the C7 does that in 2.8 seconds, so that’s a good start for the C8, which is expected to spawn more powerful trims.

Styling

2020 chevrolet corvette stingray (67)

Traces of the C7 can be seen in the design of the C8. However, the C8 distinguishes itself from its predecessor with its cleaner but sportier look showcasing huge side intakes. Like the older models, this one also offers an open-air driving experience through its detachable roof. The front end of the vehicle can be elevated too in order to provide some ground clearance when passing through those pesky speed bumps.

Interior

2020 chevrolet corvette stingray (26)

The C8 has an aeronautical-themed interior inspired by the F22 and F35 jets, and it also draws inspiration from the layout of Formula 1 cars. Two digital displays adorn its cockpit but it ditches the popular approach of automakers nowadays that prefer touchscreen controls over the physical ones. Instead, the Chevy still uses a lot of buttons to control its key functions such as climate control, suspension, and drive mode, among others.

Availability and Pricing

2020 chevrolet corvette stingray (18)

The Chevy will start the production of the new C8 in the late part of 2019. It is expected to arrive in dealerships next year. The company said that the car will have a starting price less than the $60,000 mark.

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