Jump to content
  • William Maley
    William Maley

    Ghosn Claims His Arrest is Due to "plot and treason" By Nissan Executives

      "[Have I] done [something] inappropriate? I am not a lawyer, I don't know the interpretation of [such] facts."

    Carlos Ghosn has been sitting in a Japanese jail cell since mid-November on charges financial violations, including under-reporting compensation. It is unclear what awaits him in the coming months, but he believes that his downfall is due the result of "plot and treason" by Nissan executives opposed to plans of a merger between Nissan and Renault.

    Today, the Nikkei Asian Review published an exclusive interview with Ghosn from the detention center he is currently being held at. This is quite surprising as Ghosn has been "barred from meeting with his family or Nissan employees".

    During the short interview (about 20 minutes), Ghosn dismissed various accusations ranging from his 19-year reign at Nissan being a "dictatorship," to the numerous financial charges he is currently facing. One of those charges deals with $14.7 million in payments to a company run by Saudi businessman Khaled al-Juffali. Ghosn said "the executive in charge of the region signed [the approval]," and the funds came from Ghosn's "CEO reserve," a pot of money that he was free to decide how to spend.

    "[Have I] done [something] inappropriate? I am not a lawyer, I don't know the interpretation of [such] facts," Ghosn said.

    "These are known by everybody, why didn't they tell me?"

    Ghosn also talked about the plans for the deeper integration of Nissan, Renault, and Mitsubishi. The plan was to have the three closely integrated to ensure "autonomy under one holding company." Ghosn also revealed that he wanted to have Mitsubishi Motors CEO Osamu Masuko in the talks about the integration, but Nissan CEO Hiroto Saikawa wanted to keep the talks "one-on-one". Allies of Ghosn believed some Nissan executives were worried that Ghosn's power could increase under the integration, prompting them to work with Tokyo prosecutors.

    A Nissan spokesman told Bloomberg that Saikawa previously refuted the notion of a coup.

    “Nissan’s investigation uncovered substantial and convincing evidence of misconduct,” the company said in a statement.

    Source: Nikkei Asian Review, Bloomberg



    User Feedback

    Recommended Comments

    "I didn't know it was wrong! Why didn't someone stop me?!"

    uh... I don't think that's going to be the best defense in court. 

    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites
    12 minutes ago, Drew Dowdell said:

    "I didn't know it was wrong! Why didn't someone stop me?!"

    uh... I don't think that's going to be the best defense in court. 

    That seems to be the rage in terms of defense...both in terms of white collar corporate crime and our elected leaders.

    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites
    Quote

    "CEO reserve," a pot of money that he was free to decide how to spend.

     

    Yeah...but...THAT is the key to his defense...

    This reminds me of Howard Hughes. OK...I may not know Hughes' full story, but I got the gist of it through the movie and this is the scene Im talking about...

    And the real senate hearings are very close to how it happened in the movie. Ive listened to the real hearings on Youtube as well..

     

    You know...if it werent illegal for him to have a CEO reserve and for him to use it as he saw fit...well...

    Like he said...

    Quote

     

    "[Have I] done [something] inappropriate? I am not a lawyer, I don't know the interpretation of [such] facts," Ghosn said.

    "These are known by everybody, why didn't they tell me?"

     

     

    Howard Hughes was a tad smarter than him though...Howard told it how it was and maybe how possibly still is...

    EVERYBODY DOES IT...AND UNLESS THERE IS A LAW AGAINST IT, IT AINT ILLEGAL...IF IT IT'S MORALLY NOT CORRECT DO IT, THEN THE POWERS THAT BE TO CHANGE THE LAWS TO BE ILLEGAL...AND THEN I AND EVERYBODY ELSE WILL CHANGE HOW THEY DO BUSINESS...

    Now...this is not the same as Goshn's situation. But like he said, let the lawyers figure it out what is legal and illegal to what he has done...

    Edited by oldshurst442
    • Upvote 2

    Share this comment


    Link to comment
    Share on other sites

    Still siding with Ghosn.  The charges smell preposterous.  This is Japanese racism at work.

    Share this comment


    Link to comment
    Share on other sites

    Japan prisons are way worse than French prison. 

     

    It's the difference between fine wine and stale piss.

     

    Share this comment


    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Similar Content

    • By Drew Dowdell
      NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for October 2019 of 103,563 units, a decrease of 5.8 percent compared to the prior year.
      Nissan highlights:
      Kicks SUV sales set an October record with 3,362 units, up 3 percent. NV200 sales rose to 1,532 units, up 7 percent to achieve an October record. Several models have shown gains in 2019: Kicks (+272 percent), NV commercial van (+25 percent) and NV200 (+1 percent).   *INFINITI sales total included for reference. For more information on INFINITI’s October 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. October 2019 had 27 days, while October 2018 had 26 selling days.
      NISSAN DIVISION
      OCTOBER
      OCTOBER
      Monthly
      CYTD
      CYTD
      CYTD
       
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      Nissan Division Total
      94,417
      98,082
      -3.7
      1,050,873
      1,117,515
      -6.0
      Versa
      3,373
      5,869
      -42.5
      60,506
      63,952
      -5.4
      Sentra
      13,889
      17,611
      -21.1
      162,039
      182,758
      -11.3
      Altima
      13,531
      13,406
      0.9
      173,500
      180,005
      -3.6
      Maxima
      3,217
      2,505
      28.4
      29,416
      34,207
      -14.0
      LEAF
      887
      1,234
      -28.1
      9,998
      11,920
      -16.1
      Juke
      1
      7
      -85.7
      11
      722
      -98.5
      370Z
      214
      290
      -26.2
      2,067
      2,995
      -31.0
      GT-R
      25
      20
      25.0
      298
      490
      -39.2
      Total Car
      35,137
      40,942
      -14.2
      437,835
      477,049
      -8.2
      Kicks
      3,362
      3,264
      3.0
      50,436
      13,576
      271.5
      Frontier
      8,031
      6,302
      27.4
      62,717
      65,876
      -4.8
      Titan
      2,134
      4,114
      -48.1
      27,546
      41,953
      -34.3
      Pathfinder
      5,636
      5,195
      8.5
      54,978
      55,347
      -0.7
      Armada
      2,714
      2,072
      31.0
      27,323
      27,732
      -1.5
      Rogue
      27,082
      27,748
      -2.4
      299,382
      337,727
      -11.4
      Murano
      7,477
      5,737
      30.3
      57,825
      68,962
      -16.1
      Quest
      0
      0
      n/a
      0
      3
      -100.0
      NV
      1,312
      1,269
      3.4
      16,988
      13,568
      25.2
      NV200
      1,532
      1,439
      6.5
      15,843
      15,722
      0.8
      Total Truck
      59,280
      57,140
      3.7
      613,038
      640,466
      -4.3
       
      INFINITI
      OCTOBER
      OCTOBER
      Monthly
      CYTD
      CYTD
      CYTD
       
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      Infiniti Total
      9,146
      11,880
      -23.0
      97,080
      117,129
      -17.1
      Infiniti Q50
      2,100
      2,074
      1.3
      21,855
      28,254
      -22.6
      Infiniti Q60
      595
      809
      -26.5
      4,113
      7,765
      -47.0
      Infiniti Q70
      154
      302
      -49.0
      2,350
      3,778
      -37.8
      Infiniti QX30
      102
      399
      -74.4
      3,127
      7,038
      -55.6
      Infiniti QX50
      1,468
      3,160
      -53.5
      15,078
      19,051
      -20.9
      Infiniti QX60
      3,604
      3,392
      6.3
      35,225
      35,187
      0.1
      Infiniti QX70
      0
      7
      -100.0
      6
      942
      -99.4
      Infiniti QX80
      1,123
      1,737
      -35.3
      15,326
      15,114
      1.4
      Total Car
      2,849
      3,185
      -10.5
      28,318
      39,797
      -28.8
      Total Truck
      6,297
      8,695
      -27.6
      68,762
      77,332
      -11.1
       
       
       
       
       
       
       
      NISSAN GROUP
      OCTOBER
      OCTOBER
      Monthly
      CYTD
      CYTD
      CYTD
        2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
       
      TOTAL VEHICLE
      103,563
      109,962
      -5.8
      1,147,953
      1,234,644
      -7.0
      Total Car
      37,986
      44,127
      -13.9
      466,153
      516,846
      -9.8
      Total Truck
      65,577
      65,835
      -0.4
      681,800
      717,798
      -5.0
      Selling days
      27
      26
       
      256
      256
       
      # # #
    • By Drew Dowdell
      When it comes to electric vehicles, Telsa takes nearly all of the headlines, but Nissan has been quietly selling the Leaf since 2010, two years before the Tesla Model S came to market.  Now, Nissan wants some of its thunder back and is working on a dual motor prototype of the Leaf e+.  The motors are set up at each axle and provide a combined output of 304 hp and 501 lb.-ft of torque.  The regular Leaf e+ has 214 horsepower and 251 lb.-ft of torque and gets to 62 mph from a stop in 6.9 seconds, so with 90 more horsepower and about double the torque, the dual motor version should scoot along quite nicely. 
      Nissan has tuned the power delivery to be smooth but very responsive.  The all-wheel drive system has been tuned to work with the regenerative braking to help control stability even more than a normal all-wheel drive system would. 
      While it is not going into production, this test bed shows that Nissan is working on more EV systems for the future for a greater variety of vehicles. 

      View full article
    • By Drew Dowdell
      When it comes to electric vehicles, Telsa takes nearly all of the headlines, but Nissan has been quietly selling the Leaf since 2010, two years before the Tesla Model S came to market.  Now, Nissan wants some of its thunder back and is working on a dual motor prototype of the Leaf e+.  The motors are set up at each axle and provide a combined output of 304 hp and 501 lb.-ft of torque.  The regular Leaf e+ has 214 horsepower and 251 lb.-ft of torque and gets to 62 mph from a stop in 6.9 seconds, so with 90 more horsepower and about double the torque, the dual motor version should scoot along quite nicely. 
      Nissan has tuned the power delivery to be smooth but very responsive.  The all-wheel drive system has been tuned to work with the regenerative braking to help control stability even more than a normal all-wheel drive system would. 
      While it is not going into production, this test bed shows that Nissan is working on more EV systems for the future for a greater variety of vehicles. 
    • By Drew Dowdell
      At the Texas State Fair today, Nissan debuted the updated 2020 Nissan Titan. The 2020 Titan features a bold new grille and light designs that help differentiate the various trim levels of the truck. Inside on the redesigned center stack is a new 9-inch diagonal touchscreen infotainment system with built in Wifi router. The infotainment system also features Android Auto and Apple Car Play. Safety features include Nissan Safety Shield 360, standard on all grades of truck. The Titan will come in King Cab and Crew Cab body styles and 5 levels of trim. Crew Cab models have an available panoramic sunroof that is one of the largest in the segment at over 3 square feet.  
      On the powertrain front, the Titan retains its sole 5.6 liter V8, but now upgraded to 400 horsepower and 413 lb.-ft of torque.  By virtue of not offering a V6, the Titan can lay claim to having the most powerful base engine offered in the segment. Backing up that V8 is a new 9-speed automatic running power to the rear or all four wheels. 
      The new Titan goes on sale in early 2020. 
       

      View full article
    • By Drew Dowdell
      At the Texas State Fair today, Nissan debuted the updated 2020 Nissan Titan. The 2020 Titan features a bold new grille and light designs that help differentiate the various trim levels of the truck. Inside on the redesigned center stack is a new 9-inch diagonal touchscreen infotainment system with built in Wifi router. The infotainment system also features Android Auto and Apple Car Play. Safety features include Nissan Safety Shield 360, standard on all grades of truck. The Titan will come in King Cab and Crew Cab body styles and 5 levels of trim. Crew Cab models have an available panoramic sunroof that is one of the largest in the segment at over 3 square feet.  
      On the powertrain front, the Titan retains its sole 5.6 liter V8, but now upgraded to 400 horsepower and 413 lb.-ft of torque.  By virtue of not offering a V6, the Titan can lay claim to having the most powerful base engine offered in the segment. Backing up that V8 is a new 9-speed automatic running power to the rear or all four wheels. 
      The new Titan goes on sale in early 2020. 
       
  • Posts

    • I do wonder if that was an intentional leak or an accident.   Depends on how they have their CDN/WCM set up, I could see the content being 'accidentally' syndicated from a UAT environment to a PROD environment,  or maybe they have 'hot' and 'cold' PROD environments with a future PROD already staged and ready to be activated via the load balancer, etc.    Been there, done that...
    • @Drew Dowdell It looks like we found the 15 inch screen. 
    • Leaks of privileged information happen.  In this case, Ford pushed these images and pages to their consumer website in a way which was easy for the folks at MachEForum to find.  Here are the basics, the best of each spec, the 2021 Ford Mach-E will have up to 300 miles of driving range, run 0-60 in mid-three second range, and have optional all-wheel drive.  You're going to prioritize those specs though because you won't be able to get them all in the same car. All models of Mach-E will be able to recharge 47 miles in 10 minute of DC fast charging in a 150-kw charger The base model is called Select and starts at $43,895. It is powered by a 255 horsepower, 306 lb.-ft of torque motor in the rear.  You can opt for all-wheel drive which increases torque to 429lb.ft. This model gets an EPA estimated range of 230 miles and a 0 to 60 sprint of mid 5-seconds. If you qualify for the full $7,500 federal tax credit, the price can be as low as $36,395. It's equipped with 18-inch wheels Next up is the Premium trim, starting at $50,600. This comes with 19-inch wheels and again in RWD or AWD configurations. EPA estimated range is 300 miles on the RWD model and 0 to 6- remains mid 5-seconds.  There will be a trim called California Route 1 which is an extended range rear-wheel drive model. It has an EPA range of 300 miles and a mid 6-second range sitting on 18-inch wheels. Then there is the top of the line GT, starting at $60,500. EPA range is estimated at 235 miles and a mid 3-second range. It comes standard with all-wheel drive.  For early adopters, there is a Mach-E First Edition. It offers three exterior colors, including and exclusive "Grabber Blue Metallic", interior contrast stitching, First Edition scuff plates, brushed aluminum pedals, and red brake calipers. This model seems to be a happy medium on range and performance with a 270 mile EPA estimated range, mid 5-second 0-60, AWD, and 19-inch wheels.  Inside the Mach-E is a large Telsa-like center screen though with a single physical dial at the bottom. A simple dash and slim gauge cluster sit behind a 3-spoke wheel badged with the Mustang logo.  Ford will officially share more information on Sunday night, and the specs listed above are subject to change. We'll keep you updated as more information comes out. In the meantime, scroll down to see all of the information grabbed in the screenshots.   View full article
    • Seems someone at Ford messed up with posting the early reservation system for the Mach-e. Prices start at $48k and go up. Check out the details here. Have to say I am liking the look of the Electric Mach-e
  • Social Stream

  • Today's Birthdays

    1. clayton miller
      clayton miller
      (58 years old)
  • Who's Online (See full list)

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...