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    • By dfelt
      Japanese journalists await Carlos Ghosn who was expected to be released from Jail on bail after the Tokyo court granted the bail request. Ghosn lawyer's office said it would be near impossible for him to be released the same day due to an appeal by the prosecutor's office.
      Ghosn was granted bail set at $1 billion yen or equal to $9 million US at today's exchange rate. Ghosn is 64 and head of the auto alliance of Nissan Motors, Mitsubishi Motors, and Renault. He was arrested in 2018 on suspicion of underreporting his income by more than $80 million US dollars and saddling Nissan with his personal investment losses, allegations he denies.
      Ghosn new legal team was able to get bail granted on the conditions he will be kept under guard locally with limited to no outside information. Ghosn has claimed that the executives of Nissan are responsible for his arrest as they plotted and committed treason to prevent him from bringing Nissan further under Renault's control.
      While Carlos Ghosn has resigned from the CEO position on all three companies, he remains on the boards of all three companies.
      Yet now that he is out on bail he seems to be insulting the average workers of Japan and according to various stories, his new legal team has apologized for advising the former CEO to leave jail in a disguise being taken away in a work van with ladders attached to the roof.
      Local news outlets have mocked the costume drama bringing more attention than if he had just left on his own in normal business attire and in a business auto. Ghosn is one of the highest-profile detainees which also has made him one of the most famous now.
      Ghosn was seen later in the day walking with two women, one believed to be his wife and the other his daughter in a Tokyo park by where he will be living surrounded by press and still wearing the blue baseball cap and sunglasses.


       

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    • By dfelt
      Japanese journalists await Carlos Ghosn who was expected to be released from Jail on bail after the Tokyo court granted the bail request. Ghosn lawyer's office said it would be near impossible for him to be released the same day due to an appeal by the prosecutor's office.
      Ghosn was granted bail set at $1 billion yen or equal to $9 million US at today's exchange rate. Ghosn is 64 and head of the auto alliance of Nissan Motors, Mitsubishi Motors, and Renault. He was arrested in 2018 on suspicion of underreporting his income by more than $80 million US dollars and saddling Nissan with his personal investment losses, allegations he denies.
      Ghosn new legal team was able to get bail granted on the conditions he will be kept under guard locally with limited to no outside information. Ghosn has claimed that the executives of Nissan are responsible for his arrest as they plotted and committed treason to prevent him from bringing Nissan further under Renault's control.
      While Carlos Ghosn has resigned from the CEO position on all three companies, he remains on the boards of all three companies.
      Yet now that he is out on bail he seems to be insulting the average workers of Japan and according to various stories, his new legal team has apologized for advising the former CEO to leave jail in a disguise being taken away in a work van with ladders attached to the roof.
      Local news outlets have mocked the costume drama bringing more attention than if he had just left on his own in normal business attire and in a business auto. Ghosn is one of the highest-profile detainees which also has made him one of the most famous now.
      Ghosn was seen later in the day walking with two women, one believed to be his wife and the other his daughter in a Tokyo park by where he will be living surrounded by press and still wearing the blue baseball cap and sunglasses.


       
    • By Drew Dowdell
      A few weeks after Honda announced the closure of its manufacturing plant in Swindon, Sky News is reporting that BMW and Nissan are both looking at moving operations out of the UK in the event of a no-deal Brexit.
      BMW currently produces the Mini-Cooper in Oxford.  BMW's Peter Schwarzenbauer has said that the company would "need to consider" moving production out of the UK. In addition to Mini production, some engine production would move to Austria from Birmingham.
      Likewise Nissan, which produces the Qashqai and Leaf in Sunderland would cut back production and potential plant reductions of about 400 jobs.  Nissan has already announced that due to Brexit uncertainty, the manufacturer would not be producing the Nissan X-Trail in Sunderland. Sunderland is the largest automotive manufacturing plant in the UK.

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    • By Drew Dowdell
      A few weeks after Honda announced the closure of its manufacturing plant in Swindon, Sky News is reporting that BMW and Nissan are both looking at moving operations out of the UK in the event of a no-deal Brexit.
      BMW currently produces the Mini-Cooper in Oxford.  BMW's Peter Schwarzenbauer has said that the company would "need to consider" moving production out of the UK. In addition to Mini production, some engine production would move to Austria from Birmingham.
      Likewise Nissan, which produces the Qashqai and Leaf in Sunderland would cut back production and potential plant reductions of about 400 jobs.  Nissan has already announced that due to Brexit uncertainty, the manufacturer would not be producing the Nissan X-Trail in Sunderland. Sunderland is the largest automotive manufacturing plant in the UK.
    • By Drew Dowdell
      Nissan Group reports February 2019 U.S. sales

       
      February 2019
      February 2018
      % chg
      Nissan Group Total sales (units)
      114,342
      129,930
      -12.0
      Nissan Division sales
      103,735
      117,110
      -11.4
      INFINITI sales*
      10,607
      12,820
      -17.3
      NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for February 2019 of 114,342 units, a decrease of 12 percent compared to the prior year.
      Nissan highlights:
      NV commercial van sales were 1,439 units, up 26 percent to achieve a February record. Armada SUV sales rose 25 percent to 3,190 units. Versa sales rose 3 percent in February to 7,410 units. *INFINITI sales total included for reference. For more information on INFINITI’s February sales performance, please visit INFINITINews.com.
      NOTE: To ensure consistency in global sales reporting, Nissan North America calculates monthly variances on a straight-percentage basis, unadjusted for the number of selling days. February 2019 and February 2018 each had 24 selling days.
       
      NISSAN DIVISION
      FEB
      FEB
      Monthly
      CYTD
      CYTD
      CYTD
       
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      Nissan Division Total
      103,735
      117,110
      -11.4
      194,174
      230,013
      -15.6
      Versa
      7,410
      7,196
      3.0
      14,059
      14,444
      -2.7
      Sentra
      17,072
      17,148
      -0.4
      31,160
      34,879
      -10.7
      Altima
      16,216
      19,703
      -17.7
      28,405
      39,888
      -28.8
      Maxima
      3,504
      4,387
      -20.1
      6,961
      8,720
      -20.2
      LEAF
      654
      895
      -26.9
      1,371
      1,045
      31.2
      Juke
      2
      124
      -98.4
      5
      314
      -98.4
      370Z
      211
      312
      -32.4
      384
      536
      -28.4
      GT-R
      25
      35
      -28.6
      44
      69
      -36.2
      Total Car
      45,094
      49,800
      -9.4
      82,389
      99,895
      -17.5
      Kicks
      3,563
      0
      n/a
      7,375
      0
      n/a
      Frontier
      6,291
      7,992
      -21.3
      12,353
      13,893
      -11.1
      Titan
      2,722
      3,761
      -27.6
      5,753
      7,812
      -26.4
      Pathfinder
      4,860
      6,140
      -20.8
      10,128
      11,426
      -11.4
      Armada
      3,190
      2,548
      25.2
      5,392
      4,794
      12.5
      Rogue
      31,899
      38,119
      -16.3
      58,012
      74,303
      -21.9
      Murano
      3,412
      6,179
      -44.8
      7,492
      12,971
      -42.2
      Quest
      0
      1
      -100.0
      0
      2
      -100.0
      NV
      1,439
      1,139
      26.3
      2,702
      2,162
      25.0
      NV200
      1,265
      1,431
      -11.6
      2,578
      2,755
      -6.4
      Total Truck
      58,641
      67,310
      -12.9
      111,785
      130,118
      -14.1
       
       
       
       
       
       
       
      INFINITI
      FEB
      FEB
      Monthly
      CYTD
      CYTD
      CYTD
       
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      Infiniti Total
      10,607
      12,820
      -17.3
      20,909
      23,455
      -10.9
      Infiniti Q50
      2,230
      3,904
      -42.9
      4,479
      6,616
      -32.3
      Infiniti Q60
      327
      855
      -61.8
      733
      1,467
      -50.0
      Infiniti Q70
      269
      450
      -40.2
      504
      836
      -39.7
      Infiniti QX30
      574
      775
      -25.9
      1,029
      1,588
      -35.2
      Infiniti QX50
      1,122
      1,120
      0.2
      1,944
      2,171
      -10.5
      Infiniti QX60
      4,117
      3,880
      6.1
      8,305
      6,909
      20.2
      Infiniti QX70
      0
      147
      -100.0
      4
      349
      -98.9
      Infiniti QX80
      1,968
      1,689
      16.5
      3,911
      3,519
      11.1
      Total Car
      2,826
      5,209
      -45.7
      5,716
      8,919
      -35.9
      Total Truck
      7,781
      7,611
      2.2
      15,193
      14,536
      4.5
       
       
       
       
       
       
       
      NISSAN GROUP
      FEB
      FEB
      Monthly
      CYTD
      CYTD
      CYTD
       
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      TOTAL VEHICLE
      114,342
      129,930
      -12.0
      215,083
      253,468
      -15.1
      Total Car
      47,920
      55,009
      -12.9
      88,105
      108,814
      -19.0
      Total Truck
      66,422
      74,921
      -11.3
      126,978
      144,654
      -12.2
      Selling days
      24
      24
       
      49
      49
       
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