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  • William Maley
    William Maley

    Arrest of Carlos Ghosn Caused Nissan To Cancel Debut of Long-Range Leaf

      There was supposed be an updated Leaf, but Carlos Ghosn was arrested...

    Nissan's showing at last week's LA Auto Show was a bit underwhelming with mid-cycle refreshes of the Maxima and Murano. But Nissan had bigger plans for LA. According to the Wall Street Journal, the Japanese automaker was planning to show a longer-range version of the Leaf EV. The model would increase range from 151 miles to 225 miles via a larger battery pack. The Journal reports that Nissan had rented space in the Japanese American National Museum for the media unveiling and hired Hollywood actress Margot Robbie to introduce the model.

    But the reveal was postponed. 

    “The official announcement regarding details of the 2019 Nissan Leaf with additional performance capabilities is postponed to a later date,” Nissan said in a statement.

    A spokesman went on to say that the reveal was delayed “to ensure that this important product unveiling could receive the coverage it merits.”

    Emphasis mine.

    Currently, the coverage at Nissan deals with the arrest of former Chairman and CEO Carlos Ghosn over alleged misuse of company funds and understating his income. This would have overshadowed the introduction of the updated Leaf.

    It is unclear when Nissan is planning to show off the revised Leaf, but it may take awhile. This week alone saw new allegations come against Ghosn for having a salary above a cap set by shareholders and that he passed on personal losses totaling more than a billion yen ($8.8 million) from derivative trading on to the company. Over at Nissan, the company has pushed back a decision on nominating a successor to Ghosn as chairman. It is expected that a recommendation made by a  three-member panel of external Nissan directors will present their choice to the board later this month.

    Source: Wall Street Journal (Subscription Required)

    Edited by William Maley



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    What is it about people who already make many millions of dollars that they then have the desire to risk it all to nefariously make more.

     

    Shame about the long-range leaf... maybe we'll see it in Chicago?

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    I understand the delay in announcement, but I had also read and I think it was in Bloomberg where the release date of the long range leaf was still on track, just the announcement to the press and at what show was now delayed. Will have to find that story.

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    43 minutes ago, Drew Dowdell said:

    What is it about people who already make many millions of dollars that they then have the desire to risk it all to nefariously make more.

     

    Shame about the long-range leaf... maybe we'll see it in Chicago?

    I always think the same exact thing. I just don't understand it. 

    What did he do wrong here? I don't remember reading anything on it other than a Nissan executive being arrested or whatever. 

    I guess I should say, what was he spending the company money on? 

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    1 minute ago, ccap41 said:

    I always think the same exact thing. I just don't understand it. 

    What did he do wrong here? I don't remember reading anything on it other than a Nissan executive being arrested or whatever. 

    Shady things like charging the company for personal expenses to the tune of millions. Backdoor arrangements to get paid more than the salary cap the board set. Apparently not declaring his proper and full income in Japan to their taxing authority.

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    Just now, Drew Dowdell said:

    Shady things like charging the company for personal expenses to the tune of millions. Backdoor arrangements to get paid more than the salary cap the board set. Apparently not declaring his proper and full income in Japan to their taxing authority.

    Jesus, I just don't get it. It isn't like he's "only" making 100k a year(only being for a exec). Making the exact amount they probably were paying is astronomical amount so why do you need to steal more? If you're that dissatisfied, ask for raises(I know it's a different situation being an executive) or look for a job elsewhere where you feel like you'll be valued better. 

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    3 minutes ago, ccap41 said:

    Jesus, I just don't get it. It isn't like he's "only" making 100k a year(only being for a exec). Making the exact amount they probably were paying is astronomical amount so why do you need to steal more? If you're that dissatisfied, ask for raises(I know it's a different situation being an executive) or look for a job elsewhere where you feel like you'll be valued better. 

    Sounds like part of his con was using company funds to decorate/maintain 5 houses/apartments in 5 different countries also.  And reporting only $44 mill of income in Japan when it was really $88 mil for 2016 or something like that. 

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    4 minutes ago, ccap41 said:

    Jesus, I just don't get it. It isn't like he's "only" making 100k a year(only being for a exec). Making the exact amount they probably were paying is astronomical amount so why do you need to steal more? If you're that dissatisfied, ask for raises(I know it's a different situation being an executive) or look for a job elsewhere where you feel like you'll be valued better. 

    He was the CEO of three companies simultaneously... one would think the pay from that would be enough.  I mean, the nicest car he can drive is going to be a QX80, but still, that's not so bad.

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    It does make me wonder... if it was allowed by the company but "if you're caught it's all you" to reduce their income and with that if others were doing the same. 

    I wouldn't expect it but you never know.

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    17 minutes ago, Robert Hall said:

    Sounds like part of his con was using company funds to decorate/maintain 5 houses/apartments in 5 different countries also.  And reporting only $44 mill of income in Japan when it was really $88 mil for 2016 or something like that. 

    So then 5 different woman, one in every port as they say? ;) 😛 

    Totally agree, one has to wonder what the hell is wrong with someone that makes more money in a year then 99% of the rest of society and he still needs to steal? 🤷‍♂️

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    Wow.  Product development is dependent on one man's approval? That is really stupid.  Hopefully the new guy will actually fix the product development issues and get the newer Leaf out to market.

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    Nissan was asked about it by auditors in 2013.  The auditors were told everything was copacetic.  It all reeks of a setup.  And the announcement wasn't anything important anyway, the arrest is just an excuse.  Who cares about the Nissan Leaf anyhow?

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      2020 Nissan Frontier
      The 2020 Frontier, with its standard 3.8-liter V6 and 9-speed automatic transmission, focuses on the needs and demands of truck owners in the U.S. Nissan's all-new engine is using 93 percent new or redesigned parts, and the powerplant underwent extensive testing in North America. The engine will be assembled at Nissan's advanced engine facility in Decherd, Tenn., next to the full-size TITAN pickup's 5.6-liter Endurance® V8.
      Along with the 49-horsepower improvement over the previous Frontier V6, fuel economy is expected to increase2. Also contributing to the 2020 Frontier's improved acceleration and fuel economy is the all-new 9-speed automatic transmission designed to maximize powertrain efficiency and provide an enhanced acceleration feel.
      "From its roots tracing back more than 60 years, to the current model, Frontier has had a lasting impact on the compact and mid-size truck segments in North America. As Nissan transitions to the next chapter, we celebrate both a proud past and a bright future with the heart of the next Frontier," added Castro.
      The "Million-Mile" 2007 Frontier
      Chicagoland delivery man Brian Murphy bought his two-wheel-drive, 4-cylinder 5-speed manual Frontier King Cab pickup in June 2007 with one goal: to put 1 million miles on it3. The red Frontier passed the million-mile mark on January 27, 2020.
      According to Murphy, the original clutch lasted 801,000 miles, the timing chain was replaced as a preventative measure at 700,000 miles, and the radiator and alternator lasted about 450,000 miles each. Even the driver's seat lasted a half-million miles but has also been replaced. 
      To celebrate Murphy's incredible accomplishment and loyalty, Nissan announced it would give Murphy a new Frontier once the 2020 model begins production later this year. 
      "I never imagined I'd be given a new truck, especially since my Frontier is still running strong. It will be a real treat to have an efficient V6 engine, but I guess I'll have to find another way to exercise now that I'll have an automatic transmission and power windows," said Murphy. 
      For regular maintenance, the truck has been serviced at M'Lady Nissan in Crystal Lake, Illinois, the same dealership where Murphy purchased the vehicle new in June 2007. Murphy insists on doing his own oil changes every 10,000 miles.

      View full article
    • By William Maley
      Nissan isn't quite ready to show off the next-generation Frontier, but they have decided to drop the new engine and transmission destined for the new model into the outgoing Frontier.
      Revealed on the eve of the Chicago Auto Show yesterday, the new 3.8L V6 produces 310 horsepower and 281 pound-feet of torque - an increase of 49 hp over the outgoing 4.0L V6, but torque remains the same. This is paired with a nine-speed automatic that is similar to the one used in the recently refreshed Titan. The introduction of this new powertain does mean the base 2.5L four-cylinder and manual transmission have been dropped for 2020.
      Why is Nissan releasing this new powertrain in a model that is destined to be replaced in a year's time? Most likely Nissan sees it as a way to get some real-world mileage before being dropped into the next-generation Frontier.
      Nissan is also giving all 2020 Frontiers push-button start, power windows and locks; and tilt-telescoping steering wheel. 
      Source: Nissan
      Press Release is on Page 2


      2020 Nissan Frontier debuts with ‘heart of the next-generation Frontier’
      All-new 3.8-liter direct injection V6 engine, 9-speed transmission help set the stage for all-new truck to come next year CHICAGO – As one successful era ends, another is just beginning in the heart of the 2020 Nissan Frontier.
      At a media reception tonight, Nissan revealed the 2020 Frontier which features an all-new, powerful 3.8-liter direct injection V6 engine and all-new 9-speed automatic transmission – both of which will be key elements in the next-generation, all-new Frontier coming soon.
      The 2020 Frontier, which marks the last model year of the current generation, will feature best-in-class horsepower1 while also providing improved fuel economy and emissions performance. It will go on sale in spring 2020.
      Helping celebrate the transition to the next-generation Frontier was Brian Murphy and his 2007 Frontier, which just last week crossed the 1 million mile mark – a true testament to the durability and reliability of the Nissan Frontier.
      "The 2020 Frontier lays the groundwork for the exciting, next-generation Frontier – an all-new pickup truck slated to arrive soon," said Tiago Castro, director, Commercial Vehicle Business Unit, Nissan North America, Inc. "While looking ahead, we're also celebrating our strong heritage – including the innovations, versatility and reliability of past models, such as the 2007 Frontier that Chicago resident Brian Murphy has driven for more than one million miles."
      2020 Nissan Frontier
      The 2020 Frontier, with its standard 3.8-liter V6 and 9-speed automatic transmission, focuses on the needs and demands of truck owners in the U.S. Nissan's all-new engine is using 93 percent new or redesigned parts, and the powerplant underwent extensive testing in North America. The engine will be assembled at Nissan's advanced engine facility in Decherd, Tenn., next to the full-size TITAN pickup's 5.6-liter Endurance® V8.
      Along with the 49-horsepower improvement over the previous Frontier V6, fuel economy is expected to increase2. Also contributing to the 2020 Frontier's improved acceleration and fuel economy is the all-new 9-speed automatic transmission designed to maximize powertrain efficiency and provide an enhanced acceleration feel.
      "From its roots tracing back more than 60 years, to the current model, Frontier has had a lasting impact on the compact and mid-size truck segments in North America. As Nissan transitions to the next chapter, we celebrate both a proud past and a bright future with the heart of the next Frontier," added Castro.
      The "Million-Mile" 2007 Frontier
      Chicagoland delivery man Brian Murphy bought his two-wheel-drive, 4-cylinder 5-speed manual Frontier King Cab pickup in June 2007 with one goal: to put 1 million miles on it3. The red Frontier passed the million-mile mark on January 27, 2020.
      According to Murphy, the original clutch lasted 801,000 miles, the timing chain was replaced as a preventative measure at 700,000 miles, and the radiator and alternator lasted about 450,000 miles each. Even the driver's seat lasted a half-million miles but has also been replaced. 
      To celebrate Murphy's incredible accomplishment and loyalty, Nissan announced it would give Murphy a new Frontier once the 2020 model begins production later this year. 
      "I never imagined I'd be given a new truck, especially since my Frontier is still running strong. It will be a real treat to have an efficient V6 engine, but I guess I'll have to find another way to exercise now that I'll have an automatic transmission and power windows," said Murphy. 
      For regular maintenance, the truck has been serviced at M'Lady Nissan in Crystal Lake, Illinois, the same dealership where Murphy purchased the vehicle new in June 2007. Murphy insists on doing his own oil changes every 10,000 miles.
    • By Drew Dowdell
      At an event is Seoul, South Korea yesterday, Genesis finally unveiled their new GV80 luxury SUV.  The overall look of the GV80 has been leaking out on the internet for months, but we finally get the full official release now.
      The interior and exterior of the GV80 is designed with a common thread to give a familial look with the G70, G80, and G90.  The GV80 introduces a new quad headlamp design that will eventually filter out to the other vehicles in the Genesis lineup. The crest grille first seen on the G90 is here too. The interior of the GV80 focuses on the "beauty of white space". The designed accentuated the width and space of the of the interior with wide horizontal lines and thin air vents.  In the center is a 14.5-inch split screen infotainment display. Genesis intentionally limited the number of hard buttons and switches for aesthetic reasons. The GV80 comes in either 5-seat or 7-seat models. On up-level models, soft materials cover every surface from the inside of door handles to quilted knee pads that line the lower sides of the console.  The transmission selector is a dial in the center console. The integrated controller can be operated by an onscreen keyboard or by handwritten letters. 
      Trips in the GV80 are designed to be stress-free. It gets equipped with a Road Active Noise Cancellation technology to reduce road noise. The system is one of the advanced and fast responding systems in the world. The electronically controlled suspension with road preview helps maintain a smooth ride by recognizing road imperfections ahead via a front camera.
      The GV80 is based on a unique new rear-wheel drive platform, while all-wheel drive is available.  In South Korea is till be equipped with a 3.0-liter six-cylinder diesel engine while the U.S. will get a choice between two unspecified turbocharged engines. All-wheel drive models in the U.S. will be equipped with an electronic rear limited slip differential.
      There is a host of safety and driving assistance technologies in the GV80 including Smart Cruise Control with Machine Learning, Highway Driving Assist II, Forward Collision-Avoidance Assist, Blind-Spot collision Avoidance Assist, Rear cross-traffic collision avoidance, and driver attention alert warning. In the event of a collision, there are 10 airbags, including a center mounted airbag between the front occupants. 
      The 2021 Genesis GV80 will go on sale in North America later this year.
       

      View full article
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