Car News - ReviewItOnline.net

Latest News for Cars, Trucks & SUVs

Tag Archives: nissan

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.

Wife of Carlos Ghosn Asks President Trump To Intervene For Her Husband

This picture taken on April 3, 2019 shows former Nissan Chairman Carlos Ghosn (L) and his wife Carole (L) leave the office of his lawyer Junichiro Hironaka in Tokyo. - Former Nissan boss Carlos Ghosn will remain in custody until at least April 14, a Japanese court ruled on April 5, 2019, as prosecutors quiz him over fresh allegations of financial misconduct. (Photo by Kazuhiro NOGI / AFP)

Carole Ghosn, the wife of disgruntled ex-Nissan boss Carlos Ghosn who is currently on trial in Japan, asked the US government, particularly President Donald Trump, to talk to Japanese Prime Minister Shinzo Abe about the state of her husband.

The two will meet during this year’s G20 summit in Osaka from June 28 to 29.

She asked Mr. Trump to speak with Abe about fair trial conditions for her husband. Mr. Ghosn, who is awaiting trial, is facing charges of under-reporting his salary and using Nissan’s funds for personal expenses. The 65-year-old former executive, who was also at the helm of the Renault-Nissan-Mitsubishi Alliance, denied these accusations.

Mrs. Ghosn asked the US president for three things: fair trial conditions, to let her speak to her husband, and the presumption of innocence until proven guilty.

The last time she saw her husband was on April 4 when prosecutors re-arrested him in their apartment in the early hours of the day. Fresh allegations were made in April and the court allowed officers to arrest Mr. Ghosn who was first taken into custody in November 2018.

He was freed on a $4.5 million bail but is living under very strict conditions. He is not allowed to see his wife and he must stay in Japan in a court-appointed residence with cameras to monitor his every movement.

Mrs. Ghosn said “all of these” could have been handled internally by the company. “They didn’t need to go this far,” she told BBC in an interview. Mr. Ghosn, a French citizen, resigned as the chairman and CEO of Nissan shortly after the scandal broke out.

Mrs. Ghosn, who was earlier questioned but never charged of any wrongdoings, said the courts want to implicate her “to weaken Carlos and to shut me up.” She said she isn’t a “conniving woman” and that she was “a housewife who raised three children.”

 

 

2020 Nissan Titan Gets New Front, Rear, And Interior

titan-spy-1

Nissan is preparing its new 2020 Titan to go against the likes of the Ford F-150, Chevrolet Silverado 1500, Ram 1500, and Toyota Tundra. The Japanese automaker’s new 2020 Nissan Titan pickup truck is expected to wear a new front and rear, as well as an entirely revamped interior.

Spy photographers have recently caught a prototype of the Titan testing on the roads of Michigan. The front and rear designs are wrapped in heavy camouflage but a quick look into the interior says Nissan is busy upgrading the truck’s cabin, too.

The current-generation 2017 Titan was expected to go head-to-head with the F-150’s and the Silverados of the light-duty pickup truck segment, but the Titan lags both in rugged capability and interior quality. This new look could be the break Nissan is looking for in terms of sales.

Nissan only said 9,700 units of the Titan and the larger Titan XD in the first quarter of 2019. That’s a decrease of 24% from the same period last year. The numbers lag behind Ford, GM, and Ram with more than 100,000 units sold. Toyota had 25,000 Tundra trucks sold during the same period.

Though the prototype has hidden its front headlights, taillights, and front grille well, the photos showed that the bumper grille appears the same as the current models. The Titan’s silhouette and body styling remain unchanged, too.

titan-spy-3

It is in the interior that Nissan seems to be apologizing to its market as it now removed, thankfully, the CD slot and upgraded that into an infotainment screen. The new truck will also have an eight-inch screen, a tad bigger than the five-inch and seven-inch screens the current generation has.

The current Titan falls below in engine options and high fuel-economy ratings but that might change with the 2020 Titan as Nissan could offer a 3.7-liter V6 as its base engine. The larger Titan XD may also come with the standard V8 engine or the optional five-liter Cummins turbodiesel to increase the towing capacity and driving range.

3 Things We Know About The New 2020 Nissan Sentra

nissan sentra (1)

Nissan just unveiled the new Sylphy at the 2019 Shanghai Auto Show. Known as the Sentra in the US, this sedan is an important component of the Japanese automaker’s lineup. While it’s a successful little piece, the Sentra never did much for people who want more from a car then simply taking them from point A to B.

That’s about to change with the 2020 Nissan Sentra. It looks like Nissan is following in on the footsteps of Hyundai and how it upped the game with the 2020 Sonata.

A New Face With Massive Grille

Nissan decided to go all the way out by incorporating the trendy massive grille on its Sentra. The big grille was toned down by the signature-collar design, known as the V-motion grille, that now sits just a little above the front bumper. The Sentra also features LED headlights and daytime running lights, as well as new rectangular fog lamps.

All in all, Sentra looks similar to its siblings, the 2020 Altima and the 2020 Versa, when seen from the front.

A Cabin With Luxury Written Over It

When you step inside the 2020 Sentra, it doesn’t at all feel like you’re in a car that’s in the $20,000 range. The now flat-bottom steering wheel is less cluttered than the one in the 2019 Sentra. There’s a blank space on the right which might mean that the Sentra can come with active driving assistance such as cruise control.

There’s a seven-inch TFT color screen in the instrument cluster and it gives off information to the driver and the passengers. The highlight of the console, however, isn’t even the floating infotainment system. It’s the three circular air-conditioning vents that are controlled by knobs and buttons. There will be no touchscreen display for the 2020 Sentra, which is a bummer and could seriously affect its marketability. We’ll know more when this moves into showrooms.

Perhaps, the best thing about the new Sentra is its cabin space. You can haul a lot more people in this sedan and they’ll still feel comfortable. Safety tech includes forward collision warning, blind spot warning, lane departure warning, cross traffic alert, and intelligent driving alert.

An Engine That’s Nothing New

Nissan is marketing 2020 Sentra’s engine as “new,” but we have seen this same setup in the Versa, Kicks, Note, Dacia Lodgy, and Duster. This is the third-generation version of that engine—a 1.6-liter four-cylinder HR16DE unit that generates a meager 137 horsepower, 13 more than the outgoing Sentra.

Nissan X-Trail Has New Petrol And Diesel Engines, Dual-Clutch Transmission

nissan x-trail

Nissan revamped the X-Trail’s engine lineup, introducing new petrol and diesel options, as well as an all-new dual-clutch transmission. Buyers can now get to choose either a 1.7-liter four-cylinder diesel or 1.3-liter four-cylinder petrol, both of which are already available in the Renault-Nissan Alliance line-up, particularly in the Nissan Qashqai and Renault Kadjar SUVs.

The 1.7-liter diesel engine makes 148 horsepower and 340 Nm of torque, replacing the SUV’s former engine—a 1.6-liter four-cylinder diesel that has a standard front-wheel drive and a six-speed manual transmission. The new engine will have a carbon dioxide emissions rating of 137-143g/km.

Those who want a four-wheel drive configuration will be happy to know this is now available as an option for the diesel engine. But opting for the all-wheel drive will affect the energy rating and fuel efficiency of the engine. The economy figure will drop to 39.8mpg from 41.5mpg while CO2 emissions rating will fall to 151-154g/km.

The new 1.3-liter petrol option will only be available with the DCT gearbox in the front-wheel-drive layout. It will replace a similar 1.6-liter petrol engine and will bring more power at 161 horsepower from 158 horsepower and 270Nm of torque instead of 240Nm. The Japanese carmaker claims that energy efficiency and emissions ratings have also been improved. The ratings now stand at 145–154g/km of CO2 instead of the old engine’s 162g/km of CO2.

Nissan also released price information about the new petrol and diesel engines. The 1.3-liter four-cylinder petrol unit will start from £26,590 ($34,787.72). The 1.7-liter diesel with its front-wheel-drive configuration will start at £25,795 ($33,747.62) but the four-wheel drive version will add an extra £3,200 ($4,186.56). Both of these engines are compliant to the Euro6d-Temp, which means car owners won’t have to pay an additional 4% surcharge over the mandatory Benefit-in-Kind (BiK) tax.

New Nissan Frontier Pickup To Arrive In 2020

2017 Nissan Frontier

A new Nissan Frontier pickup is “almost finished,” Nissan senior vice president for global design Alfonso Albaisa said earlier this year. Back then, we have no idea just how near the Frontier is to being introduced or revealed. We have more details now and some of it will knock you off your feet.

According to a report on Automotive News, the new Frontier is expected to debut late in 2020 as a 2021 model. It will allegedly be based on the updated version of the current Frontier’s platform instead of the platform used on the Nissan Navara.

It is only right that Nissan starts to focus on its mid-size pickup since this segment has already become the hottest in America today. Last year, there was a 16-percent gain that resulted from more than half a million.

The Toyota Tacoma mainly dominates the market with some competition from the likes of Chevrolet Colorado and GMC Canyon. The Ford Ranger and the Jeep Gladiator are also expected to increase sales in the coming years.

Nissan’s decision to stay with the Frontier’s platform instead of the new one they used on the Navara is a puzzle. Sources apparently told Automotive News that size and cost are the main factors that contribute to the decision. The current Navara’s five-link coil-spring rear suspension setup is more expensive to produce than the leaf springs used by the current Frontier. Nissan decided to focus on the low cost of entry as a unique selling point instead of a more modern design.

It might do Nissan good to offer the Navara with four full doors and a six-foot-long bed, though that configuration would probably cost more than the current pricing.

The Japanese automaker promises the new Frontier would still get a “futuristic” styling. It will get a new 3.0-liter V6 engine that produces 300 horsepower to replace the current truck’s 4.0-liter unit with only 261 horsepower. The automatic transmission will also be updated to a seven-speed stunner instead of the five-speed.

 

 

Nissan Ousts Former Chairman Carlos Ghosn From Board

carlos ghosn

Nissan removed disgruntled former boss Carlos Ghosn from its board of directors on Monday, just more than two months after he resigned as chief executive and chairman of Renault, whose chairman, Jean-Dominique Senard was appointed a director of Nissan’s board.

The shareholders also removed Mr. Ghosn’s former right-hand man Greg Kelly, a former executive who has been charged for collaborating with Ghosn in the alleged financial misconduct he was charged with in Japan.

Mr. Ghosn was arrested in November 2018 for under-reporting his compensation, released on bail in early March, and re-arrested for the fourth time last week in Tokyo. He was with his wife, Carole, when he was arrested. Mrs. Ghosn said the ordeal was humiliating and called on French president Emmanuel Macron to ensure that her husband gets a fair trial.

The couple holds multiple citizenships with Lebanese and French passports. Ms. Ghosn’s Lebanese passport was confiscated but she was able to exit Japan using her French passport.

The former Nissan boss, who was responsible for the Renault-Nissan-Mitsubishi Alliance, was re-arrested last week in connection to allegations that $5 million sent by Nissan Motor Co. subsidiary meant for an Oman dealership was diverted to a company controlled by Ghosn.

Some shareholders are also calling for Nissan’s chief executive Hiroto Saikawa to step down because of the controversy. Reportedly, some shareholders don’t believe that Nissan’s top brass was unaware of Ghosn’s misconduct.

Saikawa, however, plans to stay as Nissan’s boss for a while. During the extraordinary meeting at a Tokyo hotel, Saikawa and some Nissan executives bowed before the shareholders and apologized for the scandal brought about by Ghosn. The controversy involving a top executive was unprecedented in Nissan’s history.

Nissan was on the brink of bankruptcy when Renault sent Ghosn two decades ago to straighten things out. Since then, the former chief executive righted the Yokohama-based automaker and forged an alliance involving Nissan, Renault, and Mitsubishi. Today, the alliance rivals the sales of Volkswagen AG and Toyota Motor Corp.

Saikawa said the company will stick by the alliance.

Renault to Merge with Nissan and Acquire Fiat Chrysler

renault

New reports claim that Renault is still looking to merge with Nissan. In addition to the merger, the company is also looking to acquire Fiat Chrysler.

According to CNBC, Renault is planning to restart the negotiations with Nissan about a potential merger. The company is targeting to accomplish that in the next 12 months. They are looking to buy Fiat Chrysler too after that.

The source said talks with Fiat Chrysler have already began years ago. It happened during the tenure of Renault CEO Carlos Ghosn. However, his arrest in Japan last year due to misconduct charges has put the negotiations on hold.

With the revival of the talks, Fiat Chrysler Chairman John Elkann is expecting the merger to boost his company. The combined forces of Renault, Nissan and Fiat Chrysler is projected to put them strategically on the map as viable challengers to the dominance of Volkswagen and Toyota in the global automotive scene.

The news outlet tried confirming the matter with both Renault and Fiat Chrysler. They are yet to give their official statements on the subject.

At the moment, Renault, Nissan and Mitsubishi enjoy a complex arrangement under an alliance via a cross-party share ownership. The group’s relationship was rocked momentarily by Ghosn’s scandal though. However, in a related story, the ties of the three are presently going strong. In fact, the new truck platform being developed by Mitsubishi for the Triton will be used by both Nissan and Renault in their Navara and Alaskan pickup trucks, respectively.

Mitsubishi to Work on the next Nissan Navara Platform

nissan navara

The next architecture of the Nissan Navara and the Renault Alaskan might come from Mitsubishi in the future. Mitsubishi Motors Corp. COO Trevor Mann revealed this in an interview last week.

According to Automotive News, Mitsubishi engineers are now developing a “commonized body-on-frame” truck platform. This will underpin the midsize pickups and sport utility vehicles of Nissan, Renault and Mitsubishi.

The Navara and Alaskan will be sharing the same platform used by the Mitsubishi Triton. Mitsubishi was chosen by Nissan and Renault to make the platform because they see the company as having “the best pickup competence” as displayed in the Triton, which is currently enjoying strong sales in Southeast Asia.

It should be recalled that Mitsubishi joined the Renault-Nissan alliance in 2016. “Shortly after the alliance, we did a detailed technical study between the two, and we found that Mitsubishi had many advantages over the Nissan platform,” Mann stated.

Among the things Mann wanted to take advantage of during the team-up with Mitsubishi are the frame design, sourcing footprint and logistic costs. The area that he wants the company to focus on is in Southeat Asia where Mitsubishi and Nissan have a big demand for their pickups from their large customer bases.

Despite the announcement, Mann said that the platform is still years away in the US market. They are considering of putting the update on the Nissan Frontier (known as Navara in other areas) though since it has been so long since the vehicle received an overhaul in the American soil.

Carlos Ghosn Is Going To Spend Christmas In A Japanese Cell

carlos ghosn

Former Nissan chief Carlos Ghosn will have to spend his Christmas and New Year’s Eve in a Tokyo jail without the possibility of receiving visitors as fresh allegations surfaced that he made the carmaker shoulder $16.6 million in personal investment losses.

On Sunday, a Tokyo court ruled that Ghosn can be held for another 10 days without bail after his rearrest on Friday on charges of breach of trust. The former Nissan chief has been detained for the past five weeks on charges that he underreported his income. The breach of trust allegations is an additional charge.

Japanese prosecutors petitioned the court to extend the detention to 10 days without bail. They were granted that petition. During the 10-day period that ends on January 1, Ghosn cannot welcome regular visitors, except for his lawyers and consular officers from countries where he holds citizenship.

Ghosn is a Brazil-born businessman who also has French and Lebanese citizenships. He served as the CEO of Michelin North America, chairman and CEO of Renault, chairman of AvtoVAZ, chairman and former CEO of Nissan, and chairman of Mitsubishi Motors.

Ghosn’s arrest in Tokyo last month shocked the auto industry. It also strained the partnerships he built between Nissan (NSANY), Renault (RNSDF), and Mitsubishi Motors (MMTOF). After his arrest on November 19, Nissan fired him as its chairman but Renault appointed interim management, keeping Ghosn on the payroll.

Prosecutors alleged that around October 2008, during the global financial crisis, Ghosn shifted personal trades to Nissan, making it responsible for about 1.85 billion yen ($16.6 million) in appraisal losses. This move inflicted damage on Nissan by having it pay up a total of $14.7 million between June 2009 and March 2012.

His first confinement to the detention center was due to the initial allegations of financial misconduct wherein he reportedly underreported his income between 2010 and 2015. If proven guilty, Ghosn is facing a possible maximum prison sentence of 10 years. Prosecutors are also alleging him to have continued this practice in 2017 but they haven’t charged him yet.

 

About Us - Contact Us - Terms and Conditions - Privacy Policy - Advertising

Copyright © 2007-2019 Reviewitonline.net. All rights reserved.